Assistive technology startup Social Hardware has raised Rs 3.2 crore in a seed funding round led by Inflection Point Ventures.
The funding will be used for key growth and go-to-market initiatives, building a strong marketing and sales team, establishing an advanced R&D facility, expanding manufacturing capabilities, and strengthening R&D efforts.
Social Hardware specializes in teleoperated robotic systems designed for hazardous operations in industries such as manufacturing, infrastructure, defense, and aerospace.
The global teleoperation and robotics market is projected to reach $22.5 billion by 2026, with India's market growing at a CAGR of 13% and expected to reach $7.77 billion by 2027.