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Flo Mobility Secures Seed Funding Led By JIIF

Flo Mobility, a construction robotics company, has raised an undisclosed amount in a seed funding round led by JITO Incubation and Innovation Foundation (JIIF), a top angel network and incubator in India.

By Jitendra Das
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Flo Mobility Secures Seed Funding Led By JIIF

Flo Mobility, a construction robotics company, has raised an undisclosed amount in a seed funding round led by JITO Incubation and Innovation Foundation (JIIF), a top angel network and incubator in India. Other key investors include Saurabh Runwal, Debjyoti Paul, and Vikram Raichura. 

The company plans to use the funds to expand into international markets, hire talent, and improve its construction automation products.

Read more - NumberOne Academy Raises Rs 3 Cr in Pre-Seed Funding

Manesh Jain, Founder and CEO, Flo mobility said “Robotics can play a pivotal role in defining the future of construction. It not only enhances productivity, but also improves worker safety, reduces accidents and ensures consistency in quality of tasks. With rapid progress in edge compute technology, prices of sensors coming down and AI models attaining better accuracy every passing day, timing is apt for take-off of robotics technology. I truly believe that in the next few years, we will see robots all around us." 

Jeenendra Bhandari, Chairman, JITO Incubation and Innovation Foundation (JIIF) said, “ AI and Automation would play an essential role to drive growth in the foreseeable future, and we believe that our investment in Flo Mobility will play a role in helping the company to unlock their potential to stay as pioneer in the space of innovating automation, and we are committed to stay on the journey which will contribute to harness the future growth potential of automation and AI.”

JIIF recently marked its 100th investment by funding Elixia Robotics, bringing its total committed investments to over ₹225 crores across 100 startups.

Flo Mobility previously raised a pre-seed round from investors including Blume Ventures, DevX Ventures, and the Indian Institute of Science (IISc).

About Flo Mobility

Bangalore-based Flo Mobility was founded in 2020 by Manesh Jain and Pratik Patel with a vision to lead in construction robotics. After exploring various industries, the founders focused on construction automation. Their solutions are designed to be durable, compact, and intelligent, adapting to changing conditions while reducing emissions with an electric drivetrain. The company also holds a patent for its unique steering mechanism, features indigenous manufacturing, and uses non-lidar-based autonomy.

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