Robotics firm Peppermint raises ₹34 cr in Series A funding
Summary
Pune based robotics firm Peppermint has raised 34 crore in Series A funding. The round saw participation from JDSS, Enrission India Capital, IAN, Vinners, and other angel investors.The company plans to utilise new capital to expand to European and Asia-Pacific markets and improve its proprietary OS and Skateboard software.Founded in 2019, Peppermint is a robotics technology company specializing in developing automation systems for commercial and industrial settings, focusing on floor-cleaning robots, material handling solutions, and accessories like docking stations.Runal Dahiwade, Founder & CEO, Peppermint said Today, as industries worldwide face increasing labor shortages and sustainability demands, our autonomous solutions are uniquely positioned to deliver both operational efficiency and environmental benefits. Our current round of funding will help us drive four strategic priorities enhancing our international product offerings & compliances, expanding into the EU, Japan and APAC regions, advancing our proprietary operating system to support both our robots and OEM partners, and building the infrastructure needed to meet growing demand,The latest investment brings Peppermints total funding to 49 crore. The company made its debut in the US market last year.