Octobotics Tech Pvt Ltd has raised ₹10 crore from a seed fundraise led by Navam Capital, with participation from BYT Capital.
MetaLaw Offices advised Ocotobotics Tech on this fundraise. The team advised on structuring and execution of the transaction, working closely with the founders and investors to ensure a smooth and efficient closing.
The transaction was led by Abhay Vohra (Founding Partner), along with Puneet Bhatia (Associate Partner) and Mansi Dixit (Associate).
GameChanger Law Advisors represented BYT Capital on this transaction. The Firm reviewed and negotiated the transaction documentation.
The transaction was led by Samheeta Rao (Senior Partner).
Octobotics develops robotic platforms for Non-Destructive Testing (NDT), currently serving the Oil & Gas, Chemicals, Maritime, and Energy sectors. The Company’s hardware platforms are designed to automate high-risk inspection tasks, providing precision data in environments that are traditionally difficult or hazardous for manual operators.
The freshly raised capital support the vertical integration of the Company's technology stack to serve the industrial inspection market.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.