CHENNAI: Torus Robotics, a deep tech startup specializing in powertrain technology for EV automotive, defense, aviation and other markets, has raised a seed investment of US$470,000 in a round led by Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) under its Tamil Nadu Emerging Sector Seed Fund (TNESSF).
The funding round also saw participation from Forge Innovation & Ventures, Coimbatore, and SINE (Society for Innovation & Entrepreneurship) IIT (Indian Institute of Technology) Bombay.
The funding will be used to scale up Torus Robotics’ research and development operations to ensure transition of the technologies from lab to the market.
“This funding will empower us to invest in R&D and introduce new products that can meet the changing needs of customers in the EV automotive space,” Vibhakar Senthil, co-founder of Torus Robotics, said.
Founded in 2019 by Vignesh M, Vibhakar Senthil, and Abbhi Vignesh K in Chennai, Torus Robotics aims to reduce the substantial imports of powertrain components for the EV market, specifically motors and controllers. The tech has undergone validation processes conducted by the Bureau of Energy Efficiency (BEE), the startup said.
The funding round also saw participation from Forge Innovation & Ventures, Coimbatore, and SINE (Society for Innovation & Entrepreneurship) IIT (Indian Institute of Technology) Bombay.
The funding will be used to scale up Torus Robotics’ research and development operations to ensure transition of the technologies from lab to the market.
“This funding will empower us to invest in R&D and introduce new products that can meet the changing needs of customers in the EV automotive space,” Vibhakar Senthil, co-founder of Torus Robotics, said.
Founded in 2019 by Vignesh M, Vibhakar Senthil, and Abbhi Vignesh K in Chennai, Torus Robotics aims to reduce the substantial imports of powertrain components for the EV market, specifically motors and controllers. The tech has undergone validation processes conducted by the Bureau of Energy Efficiency (BEE), the startup said.
