Autonomous delivery robot maker Ottonomy has raised about Rs 40 crore or $4.2 million in a post-seed funding round led by Japan-based venture capital firm Enrission India Capital.
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The startup will use the raised capital to fund its global expansion across healthcare and industrial automation, where demand for autonomous logistics is rising because of workforce shortages.
Enrission invested through its Enrission SP26 India investment fund, the firm said in an announcement.
Harsh Deodhar, principal at Enrission, said labour shortages were reshaping healthcare and industry, with skilled hospital staff spending too much of their time moving supplies instead of caring for patients.
What Ottonomy builds
Founded in 2020 by Ritukar Vijay, his college mate Hardik Sharma, and former colleagues Pradyot Korupolu and Ashish Gupta, Ottonomy is headquartered in California. However, most of its workforce of over 60 employees is based in Delhi NCR, while the startup operates a production facility in Noida.
The startup’s main product is Ottobot, a robot that carries goods across both indoor and outdoor spaces without a human operator. While most delivery robots are built to work either indoors or outdoors, Ottobot uses the startup’s own Contextual AI to keep working as it moves between the two.
The robots go along corridors, call elevators and pass through access-controlled doors before heading outdoors to the next building. Notably, they combine video recognition, ultrasonic sensors and edge computing to navigate indoors where GPS signals do not reach, and connect to elevator controls through an API.
Alongside the robots, the startup sells Ottumn.AI, a platform that coordinates robots and building infrastructure across an entire site.
Who uses the robots
Ottonomy’s first commercial deployment was at the Cincinnati/Northern Kentucky International Airport, where Ottobots delivered food, drinks and travel essentials. The startup later moved away from food delivery to focus on hospitals and industrial campuses.
In September, Vijay said the startup was working with 15 customers across healthcare, industrial campuses, airports and last-mile logistics. At US hospital Wellstar Kennestone, the robots move blood samples, vaccines and other clinical samples between buildings.
Customers rent the robots on a robots-as-a-service (RaaS) subscription, usually on a contract of one to five years, which covers hardware, software, fleet management and support with no upfront capital cost.
As of now, Ottonomy is deployed across North America, Europe, the Middle East and India, with the US as its largest market. The startup is also setting up a new manufacturing facility in the US and said it has been granted 24 patents from 29 filings. It competes with companies such as Starship Technologies and Serve Robotics.
Ottonomy closed a $3.3 million seed round in August 2022, led by pi Ventures, with Connetic Ventures, Branded Hospitality Ventures and Addverb Technologies founder and CEO Sangeet Kumar taking part. That round took its total funding to $4.9 million, and it launched the second version of Ottobot at the same time.
Enrission said the US faces a chronic nursing shortage driven by high turnover and is expected to be short of more than 300,000 nurses by 2036, and that about half of nursing hours go into moving materials and patients and administrative work.
