Flo Mobility raised an undisclosed amount in a seed funding round led by JIIF to expand into overseas markets and enhance their product portfolio for construction automation.
Flo Mobility raised an undisclosed amount in a seed funding round led by JIIF to expand into overseas markets and enhance their product portfolio for construction automation.
12/30/24, 10:18 AM
Location
indiaIndustry
construction
Round Type
seed
Investors
Vikram Raichura, Debjyoti Paul, Saurabh Runwal, Jiif
JITO Incubation and Innovation Foundation (JIIF) has invested in a seed funding round for Flo Mobility Private Limited, alongside investors Saurabh Runwal, Debjyoti Paul, and Vikram Raichura. The funds will be used to support the company's expansion and talent acquisition efforts in construction automation.
Company Info
Location
india
Additional Info
Flo Mobility is a construction robotics company founded in 2020, focused on creating innovative robotic solutions for construction automation. The company aims to enhance productivity, improve worker safety, and ensure consistency in the quality of tasks on construction sites. They offer solutions that are rugged, compact, and intelligent, designed to adapt to changing conditions while reducing emissions through electric drivetrain technology. Flo Mobility's patented steering mechanism and non-lidar based autonomy set them apart in the industry.