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Robotics Startup CynLr Raises $10 Mn To Automate Manufacturing Processes

  • Bengaluru-based robotics startup CynLr has raised $10 Mn in Series A funding round led by Pavestone and Athera Venture Partners.
  • The funding will be used to bolster research & development, software engineering capabilities, and double the workforce.
  • CynLr aims to strengthen its core CyRo robotics platform to enhance hardware reliability and software performance.
  • The company plans to expand manufacturing capacity and achieve the goal of deploying one robot system per day.

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