Peppermint Secures $4 Million in Series A Funding to Drive Global Expansion
Peppermint, a leader in autonomous robotic solutions for industrial and commercial use, raised a successful Series A funding round of Rs. 34 crore (about $4 million). The funding round included the involvement of JDSS, ENRISSION INDIA CAPITAL, IAN, Vinners, and several angel investors.
The firm specializes in the creation of autonomous technologies custom-built for industrial and commercial applications, including floor cleaning robots, material handling systems, and other essential accessories such as docking stations. Peppermint's offerings help businesses combat labor shortages, optimize operations, and improve sustainability with energy-efficient robotic systems using its proprietary Peppermint OS and "Skateboard" electronics platform.
These user-friendly systems are complemented by cloud-connected dashboards and mobile apps, offering real-time analytics to support informed decision-making.
"With industries across the world facing labor shortages and mounting demands for sustainability, our autonomous offerings are uniquely placed to provide both efficiency of operation and environmental benefits. This funding will allow us to concentrate on four strategic areas: developing our global product portfolio and compliance, expanding in the EU, Japan, and APAC markets, developing our proprietary operating system to enable our robots and OEM partners, and developing the necessary infrastructure to keep up with growing demand," said Runal Dahiwade, Founder & CEO of Peppermint.
Founded in 2019 at SINE IIT Bombay, Peppermint has attracted funding from several investors such as NKK Group, SINE, Venture Catalysts, IAN, Voxtur Ventures, Vinners, JDSS, and ENRISSION INDIA CAPITAL. The total funding in the company now stands at Rs. 49 crore ($5.6 million), inclusive of earlier funding rounds. After a successful US market entry in 2024, Peppermint intends to leverage the new capital to speed up its expansion into European and Asia-Pacific markets up to 2026. The investment will also enable further innovations in Peppermint's technologies, such as its OS and Skateboard framework.
These innovations align with Peppermint's vision of automating repetitive workflows in industries where workers are increasingly transitioning from unskilled to higher-skilled positions. The company also seeks to strengthen its leadership and core engineering teams as it invests in production and supply chain abilities, making room for future products, including a restroom cleaning robot launching between 2025-2026.
With successful deployments already proving its value proposition, Peppermint Robotics' Series A funding arrives at a timely moment of market preparedness and technological maturity. The startup is now poised to provide versatile autonomous robots that can perform multiple workflows in a single pass while being simple to deploy and maintain.
The firm specializes in the creation of autonomous technologies custom-built for industrial and commercial applications, including floor cleaning robots, material handling systems, and other essential accessories such as docking stations. Peppermint's offerings help businesses combat labor shortages, optimize operations, and improve sustainability with energy-efficient robotic systems using its proprietary Peppermint OS and "Skateboard" electronics platform.
These user-friendly systems are complemented by cloud-connected dashboards and mobile apps, offering real-time analytics to support informed decision-making.
"With industries across the world facing labor shortages and mounting demands for sustainability, our autonomous offerings are uniquely placed to provide both efficiency of operation and environmental benefits. This funding will allow us to concentrate on four strategic areas: developing our global product portfolio and compliance, expanding in the EU, Japan, and APAC markets, developing our proprietary operating system to enable our robots and OEM partners, and developing the necessary infrastructure to keep up with growing demand," said Runal Dahiwade, Founder & CEO of Peppermint.
Founded in 2019 at SINE IIT Bombay, Peppermint has attracted funding from several investors such as NKK Group, SINE, Venture Catalysts, IAN, Voxtur Ventures, Vinners, JDSS, and ENRISSION INDIA CAPITAL. The total funding in the company now stands at Rs. 49 crore ($5.6 million), inclusive of earlier funding rounds. After a successful US market entry in 2024, Peppermint intends to leverage the new capital to speed up its expansion into European and Asia-Pacific markets up to 2026. The investment will also enable further innovations in Peppermint's technologies, such as its OS and Skateboard framework.
These innovations align with Peppermint's vision of automating repetitive workflows in industries where workers are increasingly transitioning from unskilled to higher-skilled positions. The company also seeks to strengthen its leadership and core engineering teams as it invests in production and supply chain abilities, making room for future products, including a restroom cleaning robot launching between 2025-2026.
With successful deployments already proving its value proposition, Peppermint Robotics' Series A funding arrives at a timely moment of market preparedness and technological maturity. The startup is now poised to provide versatile autonomous robots that can perform multiple workflows in a single pass while being simple to deploy and maintain.
