About Niqo Robotics
Niqo Robotics is a company based in Bengaluru (India) founded in 2015 by Jaisimha Rao. Niqo Robotics has raised $22.17 million across 5 funding rounds from investors including FMC Corporation, Bidra and Blume Ventures. The company has 82 employees as of March 31, 2024. Niqo Robotics operates in a competitive market with competitors including Naio Technologies, iFarm, Small Robot, Aigen and XAG, among others.
- Headquarter Bengaluru, India
- Employees 82 as on 31 Mar, 2024
- Founders Jaisimha Rao
- Stage Minicorn
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Sectors
AgricultureIndustrial Goods & Manufacturing
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Email
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Phone
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Social
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- Legal Name Tartan Aerial Sense Tech Private Limited
- Date of Incorporation 13 Feb, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$157.63 K (USD)29.77as on Mar 31, 2023
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Net Profit
-$1.18 M (USD)-104.38as on Mar 31, 2023
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EBITDA
-$1.27 M (USD)-103.78as on Mar 31, 2023
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Total Equity Funding
$22.17 M (USD)
in 5 rounds
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Latest Funding Round
$13 M (USD), Series B
Apr 26, 2024
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Investors
FMC Corporation
& 8 more
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Employee Count
82
as on Mar 31, 2024
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People of Niqo Robotics
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Funding Insights of Niqo Robotics
Niqo Robotics has successfully raised a total of $22.17M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $13 million completed in April 2024. 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.
Investors in Niqo Robotics
Niqo Robotics has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FMC Corporation, Bidra and Blume Ventures.
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Bidra is focused on investing in innovative startup companies.
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Seed and early-stage investments are made across sectors in India.
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Agritech startups are funded by Omnivore, a venture capital entity.
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Investor details for Niqo Robotics
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Investments & Acquisitions by Niqo Robotics
Investment portfolio details for Niqo Robotics
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Financial Statements - Niqo Robotics
Detailed financials for Niqo Robotics
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Niqo Robotics Comparisons
Peer comparison for Niqo Robotics
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Competitors of Niqo Robotics
Niqo 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 Naio Technologies, iFarm, Small Robot, Aigen and XAG, among others.
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Provider of automated farming solutions
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Vertical farming technologies are developed by iFarm for sustainable agriculture.
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Robots for sustainable farming are developed and deployed.
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Developer of solar powered robots for soil regeneration
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Smart agricultural machinery and technology are developed and manufactured.
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Automation solutions for agricultural logistics are developed and supplied.
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Detailed competitors of Niqo Robotics
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Latest news on Niqo Robotics
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Frequently Asked Questions about Niqo Robotics
Niqo Robotics was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Niqo Robotics is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jaisimha Rao is the current CEO of Niqo Robotics. They have also founded this company.
Niqo Robotics is a funded company, having raised a total of $22.17M across 5 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Niqo Robotics is 82.
Annual revenue of Niqo Robotics is $157.63K as on Mar 31, 2023.
Provider of AI-based robotics solutions for farming. It leverages AI and computer vision technology to offer robotic weeders and sprayers. It provides targeted spraying, precise fertilizer dosage, and selective plant spraying solutions. It also offers a mechanical weeder to weed between plants. It also provides AI spot spray technology to convert sprayers into smart sprayers.
Niqo Robotics has 9 investors. Key investors include FMC Corporation, Bidra, Blume Ventures, Omnivore, and Beenext.
The valuation of Niqo Robotics is $38.66M as of Apr 2024.