Explore the latest news, in-depth reports, and executive analysis tagged with #3one4 Capital.
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
The funding round was raised from VC firms Stellaris Venture Partners and 3one4 Capital, and a group of prominent angel investors including Swiggy CEO Sriharsha Majety.
The Seattle and Pune-based startup will use the fresh capital to strengthen its AI capabilities, among others.
Existing investors 3one4 Capital and Zephyr Peacock participated in the funding round.
The deal comprises a mix of primary and secondary capital.
"The deep-tech story so far is positive and somewhat straightforward. But AI is more challenging and it isn't all good news," Pai told The Head and Tale, in an interview.
Prior to this funding round, Unbox Robotics had raised around Rs 52 crore ($7 million) in its Series A funding round in December 2021.
Jitendra Gupta, founder, Jupiter Money, also invested in the round in his personal capacity.
The fresh capital will be used to expand its presence across retail, healthcare, and technology sectors.
