iHub Robotics Secures Rs 4.3 Crore in Pre-seed Funding Round

iHub Robotics, a humanoid robotics startup, has raised Rs 4.3 crore (approximately $520,000) in a pre-seed funding round from US investors.

In October 2023, the business raised $20 million in the same round.

According to iHub Robotics, which was founded in 2021 by Athil Krishna, Akhil K. Haridasan, and Sarath S., the new funding will be used to build humanoid robotics manufacturing facilities in Kerala, in line with its goal of making India a global leader in robotics and AI-driven automation.

iHub Robotics uses cutting-edge technology to transform industries and make them more productive, efficient, and cost-effective.

The company claims to have already had a significant global impact through the export of its Tara Gen-1 semi-humanoid robot to Saudi Arabia and the United Arab Emirates.The most sophisticated semi-humanoid robot in India, Tara Gen-1, was constructed using state-of-the-art robotics and artificial intelligence technology. It is made to work in a variety of customer service roles, airports, train stations, healthcare facilities, and hospitality, increasing automation and efficiency in these sectors.

With the use of advanced human behavior intelligence, Tara Gen-1 can identify and react to human emotions, have natural conversations through AI-powered speech recognition, and make decisions in real time while adjusting to various environments. It works flawlessly in multilingual environments and helps users with navigation, questions, and individualized service.

The Kerala-based business claims that it is also dedicated to enabling the upcoming generation of robotics and artificial intelligence pioneers. With the goal of equipping 100,000 students with deep-tech skills that will be useful in the future, the company has launched the iHub School of Learning, a platform devoted to teaching and training students in robotics and AI.

In the next two years, iHub Robotics hopes to add more than 150 jobs to India's deep-tech sector.