Chennai, India-located robotics company ‘DeTect Technologies’ has raised US $3.3 million in a Series A funding round from a group of investors led by SAIF Partners. The funds will be used by the startup to expand in the UK and Europe.
Existing investors Bharath Innovation Fund, Axilor Ventures and BlueHill Capital Pvt. Ltd also took part in the latest round, DeTect said in a statement.
The company currently has around 50 full-time employees.
DeTect previously raised a seed round from Indian Institute of Technology(IIT), Madras where it was incubated in 2016. The company is in talks with clients from Singapore, Malaysia, the US, and Canada.