Coratia Technologies raises ₹5 crore in funding; CEO Debendra Pradhan emphasizes vision to transform underwater robotics.

Coratia Technologies, founded in 2021, has successfully raised ₹5 crore in funding, spearheaded by Piper Serica Angel Fund. The startup specializes in developing advanced autonomous underwater vehicles for defense and industrial applications.

CEO Debendra Pradhan remarked, 'This investment goes a long way to support our vision to transform underwater robotics and strengthen India’s position within the global blue economy.' The capital will primarily be used to strengthen in-house research and development, enhance manufacturing capacity, and upgrade existing product lines.

Additionally, Coratia aims to bolster its presence in international markets, highlighting a strategic focus on global expansion as essential to its operational objectives.

This funding round not only signifies confidence from investors but also reinforces the importance of advancements in underwater technology as a vital aspect of modern deeptech solutions.

Coratia Technologies, a deeptech startup based in Odisha, has secured ₹5 crore in funding from Piper Serica Angel Fund. CEO Debendra Pradhan outlined plans to utilize the funds for R&D, manufacturing enhancement, and expanding global market presence, aiming to reshape underwater robotics for defense and industry.