About XMachines
XMachines is a company based in Hyderabad (India) founded in 2017 by Trivikram Kumar. XMachines has raised $100.57 thousand across 4 funding rounds from investors including CIE IIITH, Vedanshu and Namita Thapar. The company has 1 employees as of May 06, 2024. XMachines offers products and services including Agricultural Robots, Material Handling Robots, Research Robots, and Mowing Robots. XMachines operates in a competitive market with competitors including RightHand Robotics, Yaskawa, Osaro, Seegrid and Ati Motors, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 06 May, 2024
- Founders Trivikram Kumar
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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- Legal Name Flic Farm Private Limited
- Date of Incorporation 16 Mar, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$16.07 K (USD)142.97as on Mar 31, 2023
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Net Profit
-$7.15 K (USD)68.69as on Mar 31, 2023
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EBITDA
$2.3 K (USD)110.85as on Mar 31, 2023
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Total Equity Funding
$100.57 K (USD)
in 4 rounds
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Latest Funding Round
$86.13 K (USD), Seed
Mar 24, 2024
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Investors
CIE IIITH
& 4 more
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Employee Count
1
as on May 06, 2024
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Products & Services of XMachines
XMachines offers a comprehensive portfolio of products and services, including Agricultural Robots, Material Handling Robots, Research Robots, and Mowing Robots.
Robots for planting, weed control, and pest management in farming operations.
Autonomous robots that move up to 300kg in manufacturing facilities.
Multi-terrain platforms with software for global robotics research.
Autonomous robots for terrain maintenance in agricultural settings.
Funding Insights of XMachines
XMachines has successfully raised a total of $100.57K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $86.13 thousand completed in March 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $86,126
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First Round
First Round
(03 Apr 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - XMachines | Valuation |
investors |
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| Nov, 2023 | Amount | Seed - XMachines | Valuation | Dare Ventures |
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| Sep, 2020 | Amount | Seed - XMachines | Valuation | Vedanshu |
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Investors in XMachines
XMachines has secured backing from 5 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include CIE IIITH, Vedanshu and Namita Thapar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups in deep tech and related fields are supported.
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Founded Year | Domain | Location | |
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Advisory services for retailers are provided by Dare Ventures.
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Founded Year | Domain | Location | |
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Provides funding and collaboration for problem-solving startups in multiple sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by XMachines
Financial Statements - XMachines
Xmachines Comparisons
Competitors of XMachines
XMachines 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 RightHand Robotics, Yaskawa, Osaro, Seegrid and Ati Motors, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Motion control, robotics, and system engineering solutions are provided globally.
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| domain | founded_year | HQ Location |
Provider of pick and place robotic solutions
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| domain | founded_year | HQ Location |
Provider of vision-guided vehicles with auto-navigation features
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| domain | founded_year | HQ Location |
Autonomous mobile robots are manufactured for material handling and logistics.
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| domain | founded_year | HQ Location |
Autonomous mobile robotics are provided for commercial and industrial applications.
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Latest news on Xmachines
Frequently Asked Questions about XMachines
XMachines was founded in 2017 and raised its 1st funding round 2 years after it was founded.
XMachines is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Trivikram Kumar is the current CEO of XMachines. They have also founded this company.
XMachines is a funded company, having raised a total of $100.57K across 4 funding rounds to date.
As of May 06, 2024, the latest employee count at XMachines is 1.
Annual revenue of XMachines is $16.07K as on Mar 31, 2023.
XMachines was founded in 2017 in Hyderabad, India. Autonomous mobile robot platforms are offered for precision agriculture, warehouse automation, and the solar industry. Unmanned ground vehicles are configured to support farm operations such as sowing, weeding, spraying, and harvesting. Robotic solutions are tailored to these sectors through modular designs.
XMachines's top competitors include Ati Motors, Yaskawa and Osaro.
XMachines offers Agricultural Robots, Material Handling Robots, Research Robots, and Mowing Robots.
XMachines has 5 investors. Key investors include CIE IIITH, Vedanshu, Namita Thapar, Ritesh Agarwal, and Dare Ventures.
The valuation of XMachines is $2.18M as of Nov 2023.