Botsync, a Singapore-based developer of integrated automation solutions for APAC and beyond, raised US$5.2M in Series a funding.
The round was led by Capital 2B and Betatron Venture Group, with participation from IvyCap Ventures, AppWorks, Iterative, Wong Fong, ZB Capital, Nalin Advani, and Ascend Angels.
The company intends to use the funds to expand operations and its development efforts.
Founded by Rahul Nambiar, Nikhil Venkatesh, Prashant Trivedi, and Singaram Venkatachalam, Botsync is the developer of integrated automation solutions, streamlining manufacturing operations through system agnostic no-code integration solutions (syncOS) and a suite of autonomous mobile robots (MAG Mobile Robots). By integrating cross-platform operations from different automations systems all on one platform, it enables companies to utilize automation and achieve a much higher degree of agility in their manufacturing operations.
Through its flagship syncOS Integrator platform, Botsync integrates different automation systems together, featuring pre-built integration with major robotic and automation products, allowing users to connect different robotic systems together without having to write any integration code. Botsync’s MAG Mobile Robots are designed with the modern factory in mind, replacing forklifts, trolleys, pallet trucks, and other equipment to eliminate manual operations between machines and automate intralogistics operations.
The company currently has major sales and operations presence in Singapore, India, Thailand, and Indonesia and plans to expand deeper into Southeast Asia and India, as well as enter Australia and Middle Eastern markets.
Customers include global brands like Ford Motors, Caterpillar, Nestle, Coca Cola, Kimberly Clark, and Bollore Logistics, among others.
FinSMEs
05/06/2024