Innovative supplier of IoT-powered green robotics solutions, Aegeus Technologies, has raised an unknown sum of venture financing from Caspian Debt.
The money will be used to help the business’s expansion plans and strengthen its working capital.
Read also – Lenskart Secures $200 Mn Funding Led by Temasek and Fidelity
The expansion of Aegeus Technologies reflects how quickly the Indian solar market is changing. Aegeus Technologies is at the forefront of this industry’s technological transformation because to its innovative solutions.
Aegeus Technologies is revolutionising solar plant O&M by utilising robotics, artificial intelligence, and machine learning. Located in over 8GW of facilities around India, the company’s flagship product are the Intelligent Waterless Solar Panel Cleaning Robots.
Suraj Vernekar, co-founder, Aegeus Technologies, said: “Waterless technology will save a lot of water and manual effort. It thus will bring an enhanced return on investments and efficiency in solar panel cleaning and predictive monitoring of the health of modules for both utility-scale and rooftop solar panel cleaning along with vegetation management.”
About Aegeus Technologies
Founded in 2017 by Suraj Vernekar, Aegeus Technologies develops technologies and solutions for the protection and efficient energy use across industries and utilities.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.
