Datoms, a deep tech IoT (Internet of Things) startup specializing in Original Equipment Manufacturers, has recently raised $1.2 million (approximately Rs 10 crore) in a pre-Series A funding round. Yournest Venture Capital led the investment. Datoms is owned and operated by Phoenix Robotix Pvt Ltd, which was Co-Founded by Amiya Samantaray, Nataraj Sahoo, Amrit Biswal, and Asish Sahoo in 2021. The startup aims to improve efficiency in human-capital-heavy sectors such as construction, warehousing, agriculture, mining, and ports by automating asset management and activity planning.

Datoms, a startup based in Bhubaneswar, has developed a cloud-based platform that connects people, processes, and machinery operations in one place. The company has received support from venture capitalists and angel investors such as RidikCapital, Mohit Garg (Founder of Mind-tickle and Oloid AI), Saroj Mishra (Co-Founder of Tazapay and Bayfront Capital Advisors), and Prateek Gera. Amiya Samantaray, the Co-Founder and CEO of Datoms, stated that the company is growing at a rate of 15% per month and building the future of connected operations from India for the world. The funding will enhance Datoms' product offerings and provide a significant opportunity for enterprises and equipment manufacturers in the distributed asset industry to ride the digitization wave. The company has already connected over 5,000 machines across multiple sectors.

The startup intends to use the funds to improve its product offerings in construction warehousing, enhancing its in-house AI/ML capabilities, and expanding its market reach across India and the Middle East. Sunil Goyal, Founder and Managing Partner of Yournest VC, stated that Datoms provides a highly scalable solution that can benefit stakeholders throughout the value chain. The strong traction of Datoms, supported by its growing clientele, which includes companies such as Mahindra & Mahindra and Tata Motors, confirms the effectiveness of Datoms' solutions.