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Coratia Technologies has raised $2 Mn in a Pre-Series A funding round led by MGF Kavachh, focusing on underwater robotics and infrastructure safety.

Jun 27, 202519 days ago

Amount Raised

$2 Million

Round Type

PRE-SERIES A

RourkelaRobotics

Investors

Mgf Kavachh

Description

Underwater robotics startup Coratia Technologies has raised $2 Mn in a Pre-Series A funding round led by MGF Kavachh. MGF Kavachh focuses on investing in early-stage startups working in frontier and deep technologies. The funding will help Coratia address significant challenges in maritime security and safety. Founded by Debendra Pradhan and Biswajit Swain, Coratia was incubated at NIT Rourkela.

Company Information

Company

Coratia Technologies

Location

Rourkela, Odisha, India

About

Coratia Technologies is an underwater robotics startup specializing in autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs). Founded by Debendra Pradhan and Biswajit Swain, it was incubated at NIT Rourkela. The company addresses real-world challenges related to maritime security and the safety of critical underwater infrastructure. Their solutions have significant implications for energy and infrastructure longevity.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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