About Ace Robotics
Ace Robotics is a company based in Chennai (India) founded in 2019 by Abilash Chakaravarthy. Ace Robotics has raised $429.55 thousand across 1 funding round from investors including Sprout Angels, Levim Capital Investments and Gyanchand Jain. Ace Robotics operates in a competitive market with competitors including Vicarious, Agile Robots, Gecko Robotics, Universal Robots and Yaskawa, among others.
- Headquarter Chennai, India
- Founders Abilash Chakaravarthy
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website acerobotics.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Ace Robotics Private Limited
- Date of Incorporation 13 Mar, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹62 Lakh
FY 2023 · +15% YoY
- Net Loss-₹49.6 Lakh
FY 2023 · -80% margin
- EBITDA₹75,229
FY 2023 · 1% margin
- Total Equity Funding$429.55K (USD)
in 1 rounds
- Latest Funding Round$429.55K (USD), Seed
Feb 2021
Associated legal entities of Ace Robotics
Ace Robotics operates through Ace Robotics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ace Robotics Private Limited CIN U29100TN2019PTC127998 | Active | 13 Mar 2019 | Chennai, Tamil Nadu | ₹0.6 Cr | 12 | 3 | View details |
Apps and channels of Ace Robotics
its YouTube channel ACE Robotics has 26 subscribers.
Funding Insights of Ace Robotics
Ace Robotics has successfully raised a total of $429.55K through 1 strategic funding round. The most recent funding activity was a Seed round of $429.55 thousand completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $429,549
- Total Rounds 1
- Last Round Seed — $429,549
- First Round $429,549
(Feb 2021)
- Investors Count 14
All 1 funding rounds of Ace Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | $429,549 | Seed | $784,775 | Sprout Angels |
Last known valuation $784,775 (Feb 2021). 14 investors in total: 2 institutional and 12 angel.
Investors in Ace Robotics
Ace Robotics has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Sprout Angels, Levim Capital Investments and Gyanchand Jain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | – | sproutangels.tcc.mode | Chennai, India | |
Private equity firm focused on multiple sectors | – | levimcapitalinvestment.tcc.mode | - | |
GJ Gyanchand Jain | - | – | unknown_b7bec367f3a04f8db | - |
RJ Rajesh Jain | Founder of Netcore Cloud, pioneering Indian entrepreneur and active angel investor | – | unknown_57d779ba44984388a | - |
PK Pradeep Kumar Aggarwal | - | – | unknown_3819de56381445ab9 | - |
KK Kirti Kumar Bhoormalji | - | – | unknown_fec525a6a64a48118 | - |
SB Samresh Bhoormalji Jain | - | – | unknown_a9a96368e2394989b | - |
AS Aashish Surana | Angel investor and tech entrepreneur, focused on early-stage Indian startups | – | unknown_c4464ee7b358455db | - |
RB Rishab Bapna | - | – | unknown_df129c60cee148a0b | - |
AC Abilash Chakaravarthy | - | – | unknown_62781bdef8a540789 | - |
Investor details for Ace Robotics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ace Robotics Private Limited (Ace Robotics)
Ace Robotics Private Limited is the primary company behind Ace Robotics. The board of Ace Robotics Private Limited currently have 3 directors; the longest-serving is Rajasekaran Abilashchakaravarthy, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajasekaran Abilashchakaravarthy DIN 08760275 | Director | 25 Mar 2020 | 6 yrs 6 mo | Ace Robotics Private Limited |
| Rajasekaran Abishekkarthik DIN 08760283 | Director | 25 Mar 2020 | 6 yrs 6 mo | Ace Robotics Private Limited |
| Abhaya Kumar Srisrimal DIN 00729827 | Director | 16 Nov 2022 | 3 yrs 10 mo | Ace Robotics Private Limited |
People of Ace Robotics
2 people are tracked at Ace Robotics (2 in leadership).
| Name | Role | Group |
|---|---|---|
Abilash Chakaravarthy | Co-Founder | Leadership |
| CEO | Leadership |
Complete people profiles for Ace Robotics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ace Robotics
Figures of Ace Robotics Private Limited, the primary company behind Ace Robotics, for FY 2023. Revenue was ₹62 Lakh (+15% year on year). Net loss was -₹49.6 Lakh (-80% margin). EBITDA was ₹75,229 (1% margin).
- ₹62 LakhRevenue · FY 2023 · +15% YoY
- -₹49.6 LakhNet loss · -80% margin
- ₹75,229EBITDA · 1% margin
- ₹5.3 LakhPaid-up capital
- 12Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Ace Robotics Private Limited are on its company page.
Detailed financial statements for Ace Robotics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ace Robotics
2 dated milestones of Ace Robotics across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Ace Robotics is founded.
- Funding First funding round of $430K.
Competitors of Ace Robotics
Ace Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vicarious, Agile Robots, Gecko Robotics, Universal Robots and Yaskawa, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vicarious.com | 2010 | San Francisco, United States | $123.02M | 175 | AI-based robotic arms are developed for industrial automation tasks. | |
| agile-robots.com | 2018 | Munich, Germany | $250M | 116 | Deep learning-based vision for autonomous robot perception is provided. | |
| geckorobotics.com | 2013 | Pittsburgh, United States | $354.25M | 223 | Wall-climbing robots are developed for boiler inspections at power plants. | |
| universal-robots.com | 2005 | Odense, Denmark | $5.31M | – | Collaborative robot arms are provided for industrial applications. | |
| yaskawa-global.com | 1915 | Germany | – | – | Motion control, robotics, and system engineering solutions are provided globally. | |
| osaro.com | 2014 | San Francisco, United States | $86.75M | 58 | Provider of pick and place robotic solutions | |
| rethinkrobotics.com | 2008 | Boston, United States | $149.52M | 51 | Collaborative robots are developed for manufacturing to boost efficiency. | |
| co.bot | 2022 | Santa Clara, United States | $140M | – | Intelligent robots are developed for collaboration with humans in workplaces. | |
| comau.com | 1973 | Turin, Italy | – | 962 | Automation and robotic systems are manufactured for industrial applications. | |
| brightmachines.com | 2018 | San Francisco, United States | $385M | – | Full-stack automation solutions for electronics manufacturing are provided. |
Detailed competitors of Ace Robotics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ace Robotics
Websites that share an audience with Ace Robotics (acerobotics.in).
Websites whose visitors overlap most with Ace Robotics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| densorobotics.com | 100% | – | #1,578,976 | View details | |
| arigs.com | 94% | 680.7K | #2,325,938 | View details |
Similar companies to Ace Robotics
10 companies that operate in the same segment as Ace Robotics (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about Ace Robotics
Ace Robotics was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Ace Robotics is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Aashish Surana is the current CEO of Ace Robotics.
Ace Robotics is a funded company, having raised a total of $429.55K across 1 funding round to date. The company's 1st funding round was a Seed of $429.55K, raised on Feb 2021.
The primary company behind Ace Robotics, Ace Robotics Private Limited, reported revenue of ₹62 Lakh for FY 2023, up 15% year on year.
Ace Robotics was founded in 2019 and is based in Chennai, India. Arm-based industrial robots are produced by the company for various industrial uses within the automation sector. The product portfolio has been extended to encompass touch-free sanitizer dispensers, temperature readers, AV alert systems, door access interfaces, mask detection tools, data logging solutions, and face recognition systems. Operations focus on hardware manufacturing and integration for industrial and safety applications.
Ace Robotics's top competitors include Vicarious, Universal Robots and Yaskawa.
Ace Robotics has 14 investors. Key investors include Sprout Angels, Levim Capital Investments, Gyanchand Jain, Rajesh Jain, and Pradeep Kumar Aggarwal.
The valuation of Ace Robotics is $784.78K as of Feb 2021.
Ace Robotics operates through Ace Robotics Private Limited.
The legal entities of Ace Robotics currently have 3 directors, including Abhaya Kumar Srisrimal, Rajasekaran Abilashchakaravarthy, Rajasekaran Abishekkarthik.