India’s Goat Robotics raises $311K in latest funding round
With this funding, the Coimbatore-based robotics and automation start-up aims to accelerate product development, refine AI capabilities, enhance R&D and expand market outreach.
Goat Robotics, a Coimbatore-based robotics and automation start-up, has successfully raised ₹26.6 million (about USD 311K) in its latest funding round.
The round saw a significant investment from Campus Angels Network, alongside contributions from Native Lead Angels, Pontaq Ventures, TiE Coimbatore, and other investors.
With this funding, the Indian firm aims to accelerate product development, refine AI capabilities, enhance R&D and expand market outreach.
Incubated at Forge Ventures and supported by PSG STEP, Goat Robotics specialises in developing intelligent robotic systems that optimise processes across various sectors. Their solutions integrate AI and robotics to improve efficiency, reduce operational costs, and enhance productivity for businesses.
Goat Robotics specializes in developing intelligent robotic systems that optimize processes across various sectors. Their solutions integrate AI and robotics to improve efficiency, reduce operational costs, and enhance productivity for businesses, the company said in a media release.
“This funding is a major milestone in our journey to redefine automation with intelligent robotics,” said Muthukumar Thiyagarajan, CEO of Goat Robotics. “With the backing of Campus Angels Network, Native Lead Angels, Pontaq Ventures, TiE Coimbatore, and other investors, we are well-positioned to bring our innovative solutions to a broader audience and scale our operations rapidly.”
“Goat Robotics represents the kind of high-impact, technology-driven startup that aligns with our vision of supporting transformative innovations,” said Chandran Krishnan, Managing Director & CEO of Campus Angels Network. “Their focus on intelligent automation solutions has the potential to revolutionize industrial processes, making operations more efficient and cost-effective.”
“Goat Robotics’ advancements in AI-driven automation are well-timed for the industry’s growing demand for smart robotics solutions,” said Vedha, representing Native Lead Angels. “We are excited to support their journey as they push the boundaries of industrial automation.”
