How much funding has Octobotics raised?

Octobotics has raised $1.1M in total funding. Their latest funding round was Seed. Key investors include Navam Capital, BYT Capital.

Where is Octobotics headquartered?

Octobotics is headquartered in Noida, India. The company has a team of 11-50 people.

What does Octobotics do?

Octobotics operates in the Robotics / Embodied AI sector. AI-enabled robotic platforms designed for autonomous non-destructive testing (NDT) and maintenance in hazardous industrial environments like maritime and oil & gas. Eliminates human risk in hazardous inspections while reducing operational downtime and improving data accuracy through AI-driven weld tracking and modular intervention tools.

When was Octobotics founded?

Octobotics was founded in 2020. It is based in Noida, India.

How much funding has Octobotics raised?

Octobotics has raised $1.1M in total funding. Key investors include Navam Capital, BYT Capital.

Who is the CEO of Octobotics?

Ishan Bhatnagar is the CEO of Octobotics. The company was founded in 2020.

Where is Octobotics located?

Octobotics is headquartered in Noida, India.

What funding stage is Octobotics at?

Octobotics is currently at the Seed stage.

How many employees does Octobotics have?

Octobotics has approximately 11-50 employees.

Octobotics

Category: Robotics / Embodied AI

AI-enabled robotic platforms designed for autonomous non-destructive testing (NDT) and maintenance in hazardous industrial environments like maritime and oil & gas. Octobotics was founded in 2020. The company is led by Ishan Bhatnagar. Based in Noida, India. Team size: 11-50. Total funding raised: $1.1M. Latest round: Seed. Key investors include Navam Capital, BYT Capital.

Founded: 2020
Headquarters: Noida, India
Team size: 11-50
Total funding: $1.1M

Value proposition

Eliminates human risk in hazardous inspections while reducing operational downtime and improving data accuracy through AI-driven weld tracking and modular intervention tools.

Products and solutions

Gauge Rover / OCRV-D (Magnetic crawler with robotic arm for UT/Eddy NDT), OCRV-UW (Underwater magnetic crawler for fouling removal and gauging), ODRV (Aerial robotic platform with manipulator for NDT), WeldSensei (Semi-autonomous magnetic crawler for UT weld-seam scan with CV/ML tracking), Reach Master (Telescopic pole-based NDT/inspection system; patented), PA RailScan (PAUT-based rail track weld inspection), Weld Nevix (Weld overlay scanning crawler, high-temp capable)

Unique value

Developed modular manipulators capable of performing 'intervention-based' inspections, such as stripping rust and paint flakes to ensure accurate gauging on heavily corroded surfaces.

Target customer

Asset-intensive companies in maritime, offshore oil & gas, power generation, and heavy engineering sectors.

Industries served

Maritime & Shipping, Oil & Gas (Offshore & Onshore), Power & Energy, Steel & Heavy Engineering

Technology advantage

Proprietary magnetic adhesion/de-adhesion technology combined with AI-powered computer vision for automatic weld seam detection and 3D mapping of asset integrity.

How they differentiate

Octobotics differentiates through 'intervention-based' inspection. Unlike competitors that primarily focus on data capture, Octobotics' robots feature modular manipulators capable of surface preparation, such as stripping rust and paint flakes, to ensure accurate gauging on heavily corroded industrial surfaces.

Main competitors

Gecko Robotics, Invert Robotics, Eddyfi Technologies

Key partnerships

L&T Heavy Engineering (Strategic client/partner), Anglo-Eastern (Maritime industry partner), Navam Capital (Lead Seed Investor), BYT Capital (Seed co-investor)

Notable customers

L&T Heavy Engineering, Anglo-Eastern, BW Group, Indian Navy, Indian Oil Corporation (IOCL), BPCL, HPCL, Aarti Industries, GSFC, Saudi S-Chem, Chevron Saudi

Major milestones

Founded in 2020 by marine engineering experts, Developed and commercialized Gauge Rover, WeldSensei, Reach Master and related NDT platforms, Achieved Rs 2 Cr in annual revenue prior to institutional seed funding, Secured ~Rs 10 Cr Seed funding led by Navam Capital (BYT Capital participating) in February 2026, Reach Master telescopic pole inspection system granted patent (announced 2026)

Growth metrics

Reported revenue of Rs 2 Cr (~$240K) in the previous fiscal year with a team size of 11-50 employees.

Market positioning

Specialized NDT (Non-Destructive Testing) robotics provider for hazardous and asset-intensive industrial environments.

Geographic focus

India, Southeast Asia (Singapore), and the Middle East.

Patents and IP

Granted patents include Reach Master (telescopic pole-based inspection/maintenance system) and Active Balancing System for UAV aerial manipulation; additional IP in magnetic adhesion and modular robotic manipulators (e.g. multi-terrain crawler designs).

About Ishan Bhatnagar

Ishan Bhatnagar is a marine engineer turned entrepreneur with over a decade of experience in maritime operations and engineering. Prior to founding Octobotics, he served as a Senior Marine Operations Engineer at BW Group and BW Maritime Pte Ltd, where he managed large-scale vessel operations (VLCC/LR2/MR). His expertise lies in the intersection of maritime engineering, robotics, and advanced non-destructive testing (NDT).

Latest news about Octobotics

Octobotics has secured Rs. 10 Crore in Series Seed funding led by Navam Capital to scale its AI-enabled NDT robotics platform. Generating Rs. 2 Crore in revenue while serving critical entities like th

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Official website: https://www.octobotics.tech/