PC: Hindustan Metro
iHub Robotics, a humanoid robotics startup, has raised Rs 4.3 crore ($520K) in pre-seed funding from US investors. The company raised $20 million in the same round in October 2023, and this fresh capital came after that. The new funds will be used mainly to set up advanced manufacturing facilities in Kerala, which will help the startup scale up its production capabilities. Such investment in iHub Robotics shows a high level of confidence in iHub Robotics’s innovative approach of combining robotics with artificial intelligence. (Credit: Entrackr)
Expansion Plans and Technological Innovation
It plans to use this funding to build state-of-the-art manufacturing units in the well-known industrial policies of Kerala state, which provides a rich workforce. The production efficiency will be improved with these facilities and these facilities will help the firm to supply the local and international markets.
Tara Gen-1 is a semi-humanoid robot, which is central to its technological prowess. Tara Gen 1 is India’s most advanced semi-humanoid robot and allows it to perform heavy tasks in areas like hospitality, healthcare, airports, and railway stations by incorporating robust AI. According to Entrackr, The robot is created with capabilities such as advanced speech recognition, real-time decision-making, and emotional responsiveness in a way that it can interact with humans.
Already its good performance has seen it exported to the UAE and Saudi Arabia, as its international influence increases.
Empowering Future Talent and Job Creation
iHub Robotics’s intention beyond expanding onto the next generation of technology experts is fostering technology usage. The company is going to launch the iHub School of Learning, an AI and robotics learning platform. This initiative reflects the startup’s mission to empower 100,000 students with future-ready deep tech skills, and Christophe melds this with motivation to still tackle his previous startup mentorship responsibilities.
Also, iHub Robotics hopes to create more than 150 new jobs within the next two years and thereby also contribute to India’s deep tech ecosystem and local economic growth.
Conclusion
Recently, iHub Robotics also got pre-seed funding of Rs 4.3 crore, which is an important milestone towards becoming an Indiana global leader in humanoid robotics and AI-based automation. The company has such a set of focus, technological innovation, educational empowerment, and strategic expansion that it can fuel real progress in the robotics sector with its presence. The report by Entrackr about this development also signifies the dynamic and promising future for robotics innovation in India.
