Invento Robotics raises undisclosed fund from MSPL Limited, others
Robotics startup Invento Robotics on Wednesday announced the closure of its current funding round, where it raised a large undisclosed amount from MSPL Limited, Chiripal Group, and angel investors in August.
This new round of funding will enable Invento to scale its production and get new certification to meet the global standards in manufacturing robots. In fact, the startup recently closed several export deals in the USA, UAE, Singapore, Australia, and Qatar
Invento Robotics claims that all its robots are designed and manufactured in the country. While many hardware companies assemble their products in China — something even investors insist on for sunrise sectors like robotics — Invento ensures that it does everything in-house.