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[Funding News] EyeROV Secures Rs 10 Cr Pre-Series A Funding Round

By Team VS
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In a pre-Series A funding round headed by Unicorn India Ventures, EyeROV, a marine robotics deeptech business offering products and solutions in the undersea sector, raised Rs 10 crore, or $1.2 million.

The funds deployed will further strengthen EyeROV's geographical expansion into international markets and develop advanced marine robotics products and solutions to augment its current offerings

Deep tech pioneer EyeROV specialises in AI and robotics for the marine industry.

With its state-of-the-art unmanned technologies, the business hopes to transform sectors like infrastructure, energy, maritime, and defence.

Read also - Pakka Limited Secures Rs 244.7 Cr Funding Round

It claims to have released an unmanned surface vehicle (USV) that is offering solutions in both India and the MENA area and introduced the first commercial underwater drones/ROVs in India.

In addition, EyeROV offers sophisticated integration capabilities for specific payloads and is uniquely equipped to scan extremely long tunnels and pipelines.

Johns T Mathai, CEO of EyeROV, said: "With this funding, EyeROV will be able to scale up its sales, R&D, and operations much faster. We have developed unique, differentiated solutions for underwater infrastructure inspections that have been successfully validated in the Indian market and are now ready for global expansion. Unicorn India has supported similar hardware/robotics companies in the past, and we believe this partnership will be highly beneficial," 

About EyeROV

Founded in 2016 by Johns T Mathai and Kannappa Palaniappan P., EyeROV (IROV Technologies Pvt. Ltd.) vision is to be the technology leader and solution provider in underwater critical infrastructure inspections and surveys.

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