Chennai-based robotics startup DeTect Technologies has raised $3.3 million in a Series A funding round from a clutch of investors led by SAIF Partners..Existing investors Bharath Innovation Fund, Axilor Ventures and BlueHill Capital Pvt. Ltd also took part in the latest round.Argus Partners acted forDeTect Technologies with a team led by Senior Partner Siddharth Raja along with Associate Monica Umesh..Shardul Amarchand Mangaldas acted for SAIF Partners with a team led by Bangalore Partner Roshan Thomas along with Associates Alekhya Donepudi and Nilima Rajdev..DeTect has two major products—Gumps, a sensor that detects leakages and corrosion in oil or gas pipelines, and Noctua, an industrial drone that inspects large-volume assets like boilers and stacks, reported Mint.
Chennai-based robotics startup DeTect Technologies has raised $3.3 million in a Series A funding round from a clutch of investors led by SAIF Partners..Existing investors Bharath Innovation Fund, Axilor Ventures and BlueHill Capital Pvt. Ltd also took part in the latest round.Argus Partners acted forDeTect Technologies with a team led by Senior Partner Siddharth Raja along with Associate Monica Umesh..Shardul Amarchand Mangaldas acted for SAIF Partners with a team led by Bangalore Partner Roshan Thomas along with Associates Alekhya Donepudi and Nilima Rajdev..DeTect has two major products—Gumps, a sensor that detects leakages and corrosion in oil or gas pipelines, and Noctua, an industrial drone that inspects large-volume assets like boilers and stacks, reported Mint.
