Botsync cracks Funding deal worth $5.2 million in series A funding round
Robotics startup Botsync has recently locked a funding deal of $5.2 million in their Series A financing round led by Capital 2B and Betatron Venture Group. Other notable investors who graced the funding round are IvyCap Ventures, AppWorks, Iterative, Wong Fong, ZB Capital, Nalin Advani, and Ascend Angels.
The company will use this freshly lifted fund will be directed towards several key areas within Botsync. The funds will support the enhancement and simplification of the syncOS platform, which integrates various automation systems.
Botsync is willing to make its syncOS platform more accessible and user-friendly, thereby easing the automation onboarding process for its clients. In addition to that, the startup will focus on further product development to enhance its suite of autonomous MAG Mobile Robots.
The investment also positions Botsync to expand its commercial presence and improve customer service capabilities across key markets.
The company was founded in 2019 by graduates of Singapore's Nanyang Technological University. This startup is specialized in integrated automation solutions for manufacturing operations. They have created an innovative flagship product syncOS, which is a no-code integration platform that connects different robotic and automation systems on a single interface.
The platform includes pre-built integrations with major automation products, allowing users to streamline their operations without needing extensive coding knowledge. Botsync’s MAG Mobile Robots. replace traditional manual equipment like forklifts and pallet trucks, automating intralogistics tasks within manufacturing facilities.
CEO and co-fofunder of Botsync, Rahul Nambiar expressed his gratitude and highlighted the importance of their syncOS platform in overcoming integration challenges faced by manufacturers.
He quoted, "Botsync eliminates fragmentation across manufacturing processes, simplifying the adoption of robotic systems for both our customers and network of automation partners."
Botsync claims that they have a strong sales and operations presence in Singapore, India, Thailand, and Indonesia. It plans to expand deeper into Southeast Asia and India and enter new markets in Australia and the Middle East. They have worked with few global brands like Ford Motors, Caterpillar, Nestle, Coca-Cola, Kimberly Clark, and Bollore Logistics.