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Home > Startups > Funding > Social Hardware raises ₹3.2 crore in a Seed Round led by Inflection Point Ventures

Social Hardware raises ₹3.2 crore in a Seed Round led by Inflection Point Ventures

The round also saw participation from Ivy League Ventures and Soonicorn Ventures.

Abhinav Kumar Singh
Last updated: October 10, 2024 2:23 PM
By Abhinav Kumar Singh
Social Hardware raises ₹3.2 crore in a Seed Round led by Inflection Point Ventures
Social Hardware raises ₹3.2 crore in a Seed Round led by Inflection Point Ventures
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Social Hardware, a Bengaluru-based startup that designs and develops cutting-edge assistive devices, bionics, and field robotics, has raised ₹3.2 crore in a Seed round led by Inflection Point Ventures. The round also saw participation from Ivy League Ventures and Soonicorn Ventures.

The raised funds will be used towards growth and go-to-market (GTM) initiatives, building a strong marketing and sales team, establishing an advanced R&D facility, enhancing in-house manufacturing capabilities, and strengthening R&D efforts.

Abhit Kumar, Co-founder & CEO, Social Hardware, said, “At Social Hardware, we are transforming how industries manage hazardous environments with teleoperated robots engineered to perform high-risk tasks with precision and safety, reducing the need for direct human involvement. Our technology doesn’t replace workers but enhances their capabilities—enabling them to control robots remotely and apply their expertise while staying safe. Over the past two years, we’ve advanced telerobotics to help industries operate more efficiently and safely. Many companies still rely on outdated methods, exposing workers to unnecessary risks. Our cutting-edge solutions, including augmented reality and gesture-based controls, are designed to minimize these dangers while keeping human expertise at the heart of operations.”

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Vikram Ramasubramanian, Partner, Inflection Point Ventures said, “Technology went far and beyond in many sectors but remained untouched in some like manufacturing, defense, and aerospace where it still needs human intervention. The challenge of hazardous operations in these sectors has posed a long threat to safety, often limiting innovation and progress. Social Hardware; with its teleoperated robotic system, addresses this critical issue by offering safer alternatives like robots that can be controlled remotely, removing the physical need of a human in a dangerous environment. With innovation that brings inclusivity to both sectors and society, Social Hardware is a pioneer that will bring out positive change in manufacturing, defense, and aerospace sectors.”

Co-founded by Abhit Kumar (CEO), Cameron Norris (Chief Marketing/Management Officer), and Raghavendran Arunachalam (CTO), Social Hardware specializes in teleoperated robotic systems designed for hazardous operations.

The company serves industries such as manufacturing, infrastructure, defense, and aerospace, delivering innovative solutions that enhance safety and operational efficiency in challenging environments.

The company operates with a team of 17 across two locations in Bengaluru, including a corporate office in Hebbal and an R&D facility in Rajajinagar. Currently, Social Hardware has a production capacity of 12 units for FY 2024-25, which is set to triple to 36 units by FY 2025-26, aiming for a revenue capacity of Rs 24.76 crore.

TAGGED:Inflection Point VenturesIvy League VenturesSocial HardwareSoonicorn Ventures

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