Robotics startups in India raised $117 million in 2024 across 41 deals, compared with $54 million in 2023 and $28.8 million in 2022, according to data sourced from market intelligence platform Tracxn. This mirrors the global funding landscape, where robotics startups saw $18.6 billion in funding in 2024, a 116% increase from $8.6 billion in 2023, as per the 2025 State of Robotics report from F-Prime Capital.
Niqo Robotics, a supplier of robotic solutions for farmers, raised $13 million in 2024, while CynLr, which provides an artificial intelligence-based robotic vision solution for
industrial bots, got $10 million. Material handling robotics company Ati Motors raised $20 million early this year. Companies operating in construction and material handling are seeing significant business growth, said startup founders and investors. They are also among the ones seeing the highest investment activity.
