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Deeptech startup Theranautilus raised $1.2 million in seed funding led by Pi Ventures to establish an ISO-certified manufacturing facility for nanorobotics-based medical devices.

Nov 19, 2024•8 months ago

Amount Raised

$1.2 Million

Round Type

seed

BengaluruMedical DeviceMedicalBiotechnologyHealth CareManufacturing

Investors

Abhishek GoyalLalit KeshreGolden Sparrow VenturesPi Ventures

Description

Theranautilus, a deeptech startup, has successfully raised $1.2 million in seed funding to advance its nanorobotic solutions for healthcare. The funding, led by Pi Ventures with participation from Golden Sparrow Ventures and prominent angel investors, will support the establishment of a manufacturing facility focused on dental care applications.

Company Information

Company

Theranautilus

Location

Bengaluru, Karnataka, India

About

Theranautilus is a deeptech startup that develops nanorobotic solutions for healthcare, focusing on innovative applications in dental care. Founded in 2020, the company aims to tackle dental hypersensitivity using nanorobots that can navigate dental tissues. Their plans include establishing an ISO-certified manufacturing facility to commercialize their technology further. The startup was incubated at the Indian Institute of Science (IISc).

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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