Everything going on in AI - updated daily from 500+ sources
Construction robotics startup Flo Mobility raises $2.5 Mn in pre-Series A round
Bengaluru-based construction robotics startup Flo Mobility has raised $2.5 million in a pre-Series A funding round co-led by Mela Ventures and Arali Ventures. The proceeds will be used to scale manufacturing, strengthen its AI and autonomy stack, expand deployments across India, and enter international markets, particularly the Middle East. Founded in 2021 by Manesh Jain and Pratik Patel, Flo Mobility builds Physical AI and robotics solutions for the construction sector. The startup develops autonomous robots designed for material movement and other construction workflows across large project sites. The company’s flagship product, Flo Hauler, is a battery-powered autonomous mobile robot capable of transporting loads up to 1.5 tonnes across construction sites, including multi-floor operations. The robot is designed to operate in unstructured environments with changing layouts and harsh weather conditions. Flo Mobility claims to have deployed more than 60 robots across 10 Indian states w
Read Original Article →