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Visual Robotic Platform Cynlr Raises $4.5 Million In Funding Led By Speciale Invest, Growx Ventures

Apr 06, 2022•over 3 years ago

Amount Raised

$4.5 Million

Round Type

seed

Mumbai

Description

Mumbai: CynLr, a visual robotic platform has raised $4.5 million in funding round led by Speciale Invest and growX Ventures. Other institutional investors that participated in the round include Anicut Capital, Infoedge, Java Capital, Venture Catalysts, and Arali Ventures.

Company Information

Company

Cyn Lr

Location

Mumbai, Maharashtra, India

About

Founded by Nikhil Ramaswamy and N. A. Gokul in 2019, the company simplifies and eliminates the need for tailored machines to handle objects. CynLr will use the funds to establish its business presence in the US, scale its team to more than 50 members and build capacity to address the current pipeline of customers and deliver 100 robots annually, it said in a statement.