Schedule a Call Back
Aegeus Technologies raises undisclosed amount from Caspian Debt
Articles- Jun 05,24
Aegeus Technologies has raised venture debt for its working capital and expansion requirements.
Aegeus Technologies, a IoT driven green robotics solution provider raises undisclosed amount from Caspian Debt, will be utilising the funds for working capital.
Aegeus Technologies, is harnessing robotics, AI & ML to revolutionise the O&M of solar plants. Its flagship product is the Intelligent Waterless Solar Panel Cleaning Robots which are installed in more than 8GW plants across India.
Aegeus Technologies has raised venture debt for its working capital and expansion requirements.
“The face of the solar sector in India is evolving dramatically with technology transforming its every facet. Waterless technology will save a lot of water and manual effort. It thus will bring enhanced return on investments and efficiency in solar panel cleaning and predictive monitoring of health of modules for both utility scale and rooftop solar panel cleaning along with vegetation management", commented the firm.
Founded in 2017 by Suraj Vernekar and Nishith Shah, Aegeus Technologies has a focus on AI and IoT enabled robotics for automating the O&M of solar plants.
The transaction was introduced by firm, Innoxpark Ventures Pvt Ltd, founded by Jyoti Prakash.
The Solar PV market is at the point of inflection and Aegeus Technologies is one of leading companies with reputed clients and is poised to scale.
Aegeus Technologies
Caspian Debt
Suraj Vernekar
Nishith Shah
solar
iot
green robotics
Innoxpark Ventures
Related Stories
Automation & Robotics
India is a vital market for Schneider Electric: Neil Elliott Smith
In this interview with Rakesh Rao, Neil Elliott Smith, Segment President, Consumer Packaged Goods, Schneider Electric, highlights the company’s solutions for CPG sector and India’s growing influ..
Read moreAutomation & Robotics
Vedanta Targets USD 300–400 Million Value from AI-Led Transformation
Vedanta’s V-Spark DeepTech Ventures has delivered nearly 4x ROI and aims to unlock USD 300–400 million through AI-led industrial technologies.
Read moreElectrical & Electronics
Fujiyama Commissions 2,000 MW Solar Panel Facility
Fujiyama has commissioned its 2,000 MW solar panel manufacturing facility at Ratlam, raising its total solar panel capacity to 3,568 MW.
Read moreRelated Products
Compact Fmc - Motorum 3048tg With Fs2512
INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY
Meiban Engineering Technologies Pvt Ltd offers a wide range of Compact FMC - Motorum 3048TG with FS2512.
Digital Colony Counter
INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY
Rising Sun Enterprises supplies digital colony counter.
Robotic Welding SPM
INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY
Primo Automation Systems Pvt. Ltd. manufactures, supplies and exports robotic welding SPM.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
