EVOLVEX COHORT 5 : A RESOUNDING SUCCESS!
EvolveX Invests in Uma Robotics: Automating India’s Industries with Affordable Robotics Solutions
Category :
Funding Update
Supporting a Startup That’s Democratizing Access to Robotics Technology
At EvolveX, we’re committed to supporting startups that are driving innovation and addressing critical challenges in various industries. We’re excited to announce our investment in Uma Robotics, a company that’s making robotics technology accessible and affordable for businesses of all sizes in India.
Uma Robotics, founded by Suchit Sharma, a seasoned robotics expert, provides sustainable logistics, automation, and IoT solutions to optimize operations in warehouses, manufacturing, and other sectors. Their innovative robots automate heavy box and tote handling tasks, traditionally performed by humans, leading to increased efficiency and cost savings.
Why We Invested in Uma Robotics:
- Addressing a Critical Need: Uma Robotics is democratizing access to robotics technology, making automation solutions affordable for small and medium-sized businesses that were previously priced out of the market.
- Experienced Founder: Suchit Sharma brings a wealth of experience in the robotics industry, ensuring strong leadership and technical expertise.
- Innovative Solutions: Uma Robotics develops robots that can navigate various terrains and environments, including challenging outdoor settings, making them suitable for a wide range of industries.
- Strong Traction: Within its first year, Uma Robotics secured a contract with a Fortune 500 company, demonstrating the strong demand for their solutions.
EvolveX’s Role in Uma Robotics’ Growth:
As part of our accelerator program, EvolveX is dedicated to providing Uma Robotics with the resources and guidance needed to scale their impact. We will support them by:
- Expanding Engineering Team: Helping Uma Robotics attract and retain top engineering talent to accelerate product development.
- Business Development: Supporting their efforts to acquire new customers and expand into new markets.
- Infrastructure Development: Providing guidance on building the necessary infrastructure to support their growing operations.
- R&D Support: Assisting with research and development efforts to enhance their robotics technology and expand their product offerings.
We believe Uma Robotics has the potential to revolutionize how businesses operate in India by making automation accessible and affordable. We’re excited to be part of their journey and contribute to their success.
Learn more about Uma Robotics and their innovative robotics solutions by visiting their website.