Company Name : SP Robotics Works
Funding Amount : $250K
Investor(s) IAN, The Chennai Angels
Funding Round : Not Disclosed
Chennai based SP Robotics Works which provides robotic education to school and college students, has raised $250K from Indian Angel Network. Nagaraja Prakasam has led this round on behalf of IAN and will also join the board of company.
This round has been co-led by The Chennai Angels (TCA).
Founded in August, 2012 by two Anna University Electrical and Electronic Engineering Students, Pranavan and Sneha Priya, SP Robotic Works provides robotic education (practical experiments with Mechanical, Electronics, Programming and Algorithm framing) – a multi—disciplinary engineering platform with enough fun quotient to school students from age 12 to 17 in the brand name called Kidobotikz.
The investment will be primarily used for the growth and expansion of the company. Kidobotikz plans to launch the digital version of its courseware to inspire more students. The same will be soft-launched in Chennai within few months and then expanded gradually to various geographies, initially South India.
“Robotics is all about practical work. Children want to experiment and since they have time to make mistakes and learn from them, their basics get stronger. We wanted to change the phase of Indian Education in par with the international standards by providing practical experiences to the school students. IAN and TCA are excellent platforms to raise funds concepts with the best network of people and the guidance provided by the lead groups – who take an extra care even before funding is completed,” said Sneha Priya, Co-Founder at SP Robotics.
