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Planys Technologies, a Chennai-based deep tech startup specializing in underwater robotics and inspection services, has recently secured $4 million in an ongoing pre-Series A funding round. The round was led by a diverse group of investors, including Himalaya Finance, Golden Birch Investments, Krishna Defence, Impact India Investments, SiriusOne Capital, and several notable individuals.

Founded in 2015 by IIT Madras alumni Tanuj Jhunjhunwala, Vineet Upadhyay, and Rakesh Sirikonda, Planys Technologies has made a name for itself in the field of underwater exploration and inspection. The startup’s cutting-edge robotics technology enables high-quality data collection in challenging underwater environments, making it a valuable asset for industries such as offshore oil and gas, renewables, infrastructure, and maritime.

With this latest round of funding, Planys Technologies plans to further develop its robotic platforms, expand its service offerings, and scale its operations both domestically and internationally. The company has already made significant strides in the underwater robotics market, with a strong track record of successful projects and partnerships with industry leaders.

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Commenting on the funding round, Tanuj Jhunjhunwala, CEO of Planys Technologies, expressed his excitement about the future of the company. “We are thrilled to have the support of such a diverse and experienced group of investors. This funding will enable us to continue pushing the boundaries of underwater robotics technology and deliver even more value to our customers,” he said.

The investors also shared their enthusiasm for backing Planys Technologies and its innovative approach to underwater exploration. “We believe in the team’s vision and technological capabilities, and we are confident in their ability to disrupt the underwater robotics industry,” said a representative from Himalaya Finance.

As the demand for underwater inspection services continues to grow, Planys Technologies is well-positioned to capitalize on this market opportunity and solidify its position as a leading player in the industry. With its advanced robotics technology and experienced team, the company is poised for further growth and success in the coming years.

The successful funding round is a testament to the potential of Planys Technologies and its innovative approach to solving complex challenges in the underwater robotics space. With the support of its investors, the company is well-equipped to drive continued innovation, expand its reach, and deliver exceptional value to its customers in the years to come.

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