Deeptech robotics startup Armatrix to raise $15 mn: Report

Deeptech robotics startup Armatrix is in discussions to raise about $15 million in a new funding round led by UK-based Crane Venture Partners, Moneycontrol reported. The talks come a few months after the company secured $2.1 million in February from investors including pi Ventures. Armatrix develops hyper-redundant robotic arms for use in hazardous and confined industrial settings.