Social hardware.co.in, a cutting-edge startup specializing in assistive devices, bionics, and field robotics, has raised Rs 3.2 crore in a seed funding round led by Inflection Point Ventures. The round also saw participation from Ivyleague Ventures and Soonicorn Ventures. The funds will be directed towards growth and go-to-market (GTM) strategies, building a robust sales and marketing team, establishing an advanced R&D facility, and expanding in-house manufacturing capabilities.
Co-founded by Abhit Kumar, Cameron Norris, and Raghavendran Arunachalam, Social Hardware designs teleoperated robotic systems for hazardous operations, serving sectors like manufacturing, infrastructure, defense, and aerospace. Their innovative solutions enhance safety and operational efficiency in challenging environments.
Operating from two locations in Bengaluru—a corporate office in Hebbal and an R&D facility in Rajajinagar—Social Hardware currently has a production capacity of 12 units for FY 2024-25. The startup plans to triple this capacity to 36 units by FY26, with an anticipated revenue capacity of Rs 24.76 crore.