Peak XV Partners announces 18 startups for new Surge cohort
The cohort also includes founders with backgrounds at companies such as Airbnb, Microsoft Research, Google and India's recently minted unicorn Sarvam AI.
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The cohort also includes founders with backgrounds at companies such as Airbnb, Microsoft Research, Google and India's recently minted unicorn Sarvam AI.
The funding round also saw participation from India’s national badminton coach Pullela Gopichand, Darwinbox co-founder Rohit Chennamaneni, Swiggy co-founder Nandan Reddy and other angel investors.
The funding round also saw participation from Sameer Brij Verma and Sandeep Singhal, Industrial47, and existing investor Singularity AMC.
The funding round also saw participation from GrowthCap Venture Fund.
The funding round also saw participation from Info Edge and other angel investors.
The fresh capital will be used to scale manufacturing, strengthen its AI and autonomy stack, expand deployments across India, and enter international markets.
The funding round saw participation from Bain Capital Ventures, Fidelity Management & Research Company, Tiger Global, and existing investors Benchmark and Conviction.
Kalinowski had joined OpenAI in November 2024 to develop AI-powered robotics and consumer hardware products.
The investment rounds saw participation from Inuka Capital, Boundless Ventures, Boost VC, Turbostart, and earlier investor gradCapital.
The funding round saw participation from BYT Capital.
The deal comprises a mix of primary and secondary capital.
The acquisition aims to improve how Grab handles the beginning and end stages of its delivery services.
"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.
The startup will use the fresh capital to expand its market presence and enhance its AI-powered companion robots.
Prior to this funding round, Unbox Robotics had raised around Rs 52 crore ($7 million) in its Series A funding round in December 2021.
The acquisition is expected to close in mid-2026 or later that year.
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With investors circling and startups scaling, India is facing a pivotal question: will policy and capital align to make it a true robotics hub?
The fresh capital will help the company for global expansion, product development across locomotion and manipulation and hiring.