{"id":10123,"date":"2021-12-21T11:17:20","date_gmt":"2021-12-21T05:47:20","guid":{"rendered":"https:\/\/tradebrains.in\/features\/pace-robotics\/"},"modified":"2021-12-21T11:20:49","modified_gmt":"2021-12-21T05:50:49","slug":"pace-robotics","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/pace-robotics\/","title":{"rendered":"Pace Robotics raises seed funding from Pidilite"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4217042248\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>BANGALORE, India, Dec. 21, 2021 \/PRNewswire\/ &#8212; Construction Robotics Startup, Pace Robotics, has raised seed investment from Pidilite Industries Ltd, who has acquired an equity stake of 19.5% in the company. The fund will be used for product development and core team expansion. Founded in 2020 by Ayushmoy Roy and Srinivas K Pai, the startup has been working on a prototype for a wall finishing robot for internal plastering, painting and putty of buildings. The robot can improve efficiency and bring down costs of the wall finishing process. They have received pilot interests from several renowned real estate developers and contractors and plan to deploy the robot in sites for pilots in coming months.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-183331740\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> &#8220;Support from Pidilite validates the company&#8217;s vision to disrupt one of the oldest and largest industries in the world and will help us accelerate product development and market entry,&#8221; said Co-Founder, Srinivas K Pai. Incubated by SINE-IIT Bombay, Pace Robotics also has MARL 5G Accelerator and Kochi Holdings as other investors on board.<\/p>\n<p> The size of opportunity that the construction industry provides and lack of alternatives to traditional methods of working, creates a sweet spot that makes the industry ripe for disruption. Pace Robotics aims to be at the center of this disruption and lead this sector through unhindered innovation.<\/p>\n<p> About Pace Robotics:  Pace Robotics is a Bangalore based robotics startup developing robots for construction. You can find more details about the company at www.pacerobotics.net or write to them at info@pacerobotics.net.<\/p><div class=\"trade-content_5\" id=\"trade-2855062292\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Social Media Links :  LinkedIn : https:\/\/www.linkedin.com\/company\/pacerobotics  Twitter : https:\/\/twitter.com\/pacerobots      PWR PWR<\/p>\n<div class=\"trade-after-content\" id=\"trade-1216949464\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>BANGALORE, India, Dec. 21, 2021 \/PRNewswire\/ &#8212; Construction Robotics Startup, Pace Robotics, has raised seed investment from Pidilite Industries Ltd, who has acquired an equity stake of 19.5% in the company. The fund will be used for product development and core team expansion. Founded in 2020 by Ayushmoy Roy and Srinivas K Pai, the startup [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-10123","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pace Robotics raises seed funding from Pidilite - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/pace-robotics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pace Robotics raises seed funding from Pidilite\" \/>\n<meta property=\"og:description\" content=\"BANGALORE, India, Dec. 21, 2021 \/PRNewswire\/ &#8212; Construction Robotics Startup, Pace Robotics, has raised seed investment from Pidilite Industries Ltd, who has acquired an equity stake of 19.5% in the company. 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