Fund for expansion into EU, Japan and APAC
Peppermint, a leader in autonomous robotic solutions for commercial and industrial applications from Pune, has raised a Series A funding round of Rs.34 crore (~US$4 million) which will help drive four strategic priorities — enhancing our international product offerings & compliances, expanding into the EU, Japan and APAC regions https://www.peppermintrobotics.com/europe.
The round was participated in by JDSS, ENRISSION INDIA CAPITAL, IAN, Vinners, and angel investors participated in the round, said Peppermint which develops autonomous solutions for commercial and industrial use cases, focusing on floor cleaning robots, material handling systems, and support accessories like docking stations.
The company helps businesses address labor shortages, streamline operations, and improve sustainability via its energy-efficient robotic solutions backed by the proprietary Peppermint OS and “Skateboard” electronics framework https://www.commerce.gov.in/.
The easy-to-deploy and easy-to-manage systems are further supported by cloud-connected dashboards and mobile apps, delivering real-time analytics for data-driven decision-making.
“Today, as industries worldwide face increasing labor shortages and sustainability demands, our autonomous solutions are uniquely positioned to deliver both operational efficiency and environmental benefits,” said Runal Dahiwade, Founder & CEO, Peppermint https://www.bseindia.com/.
“Our current round of funding will help us drive four strategic priorities — enhancing our international product offerings & compliances, expanding into the EU, Japan and APAC regions, advancing our proprietary operating system to support both our robots and OEM partners, and building the infrastructure needed to meet growing demand,” he said on 16 April, announcing the fund raised https://www.nseindia.com/.
Peppermint started its journey at SINE IIT Bombay in 2019. Since then, It has received support from investors, including NKK Group, SINE, Venture Catalysts, IAN, Voxtur Ventures, Vinners, JDSS, ENRISSION INDIA CAPITAL and others. The latest investment brings the company’s total funding to Rs.49 crore (US$5.6 million), including previous funding rounds. Following its successful US market debut in 2024, Peppermint plans to use the new capital to accelerate its expansion into European and Asia-Pacific markets through 2026. The funding will also help further enhance Peppermint technologies, includes OS and Skateboard.
These innovations align with Peppermint’s vision of automating repetitive workflows across industries that are increasingly seeing workers migrate from unskilled to higher-skill roles. The company also aims to strengthen its leadership and core engineering teams while simultaneously investing in production and supply chain, thereby enabling new products like the restroom cleaning robot scheduled for release in 2025-2026. Fiinews.com