Solinas Integrity Raises $5.5 Million to Advance Water Infrastructure Robotics
Solinas Integrity, a Chennai-based startup specializing in the inspection, cleaning, and digitization of water pipelines and related infrastructure using robotics, has successfully raised $5.5 million in a Series A1 funding round.
Investment Details
The funding round was led by Hero Enterprise Partner Ventures and Mela Ventures. Additional participation came from Luthra Group, SVL-SME Fund, Rainmatter, and 8X Ventures Fund I. The investment marks a significant step for Solinas Integrity, which aims to expand its technological capabilities and market reach.
Company Background
Founded by Divanshu Kumar and Moinak Banerjee, Solinas Integrity was incubated at IIT Madras in 2018. The company develops advanced robotics and AI systems designed to manage and maintain underground water and wastewater networks. Their technology helps address issues such as non-revenue water (NRW) and eliminates the need for manual scavenging by using robots.
Solinas Integrity's product offerings include the Endobot series of pipeline-inspection robots, the HomoSEP mechanized sanitation system, and the SWASTH AI platform. These solutions are designed to detect leaks, cracks, and blockages while providing valuable infrastructure insights.
Plans for the New Funding
The newly acquired funds will be directed toward increasing manufacturing capacity and developing new products. Additionally, Solinas plans to enhance its software infrastructure and fulfill working-capital needs. The company aims to expand its contracts with government and commercial entities, both within India and internationally, targeting markets in the Middle East and Southeast Asia.
Future Expansion
Solinas Integrity is set to broaden its technology portfolio to encompass applications in water and sanitation, industrial sectors, and defense. This strategic expansion is expected to bolster the company's footprint across various Indian states and municipal areas.
Leadership Voices
Divanshu Kumar, Co-Founder and CEO, emphasized the importance of this funding round in scaling their operations and technology. "This investment will enable us to enhance our capabilities and extend our reach into new markets," he stated.
Through this funding, Solinas Integrity is positioned to further innovate in the realm of water infrastructure maintenance, leveraging robotics to improve efficiency and safety in critical areas.