Deeptech startup Theranautilus raises $1.2 million in round led by Pi Ventures

Deeptech startup Theranautilus , which develops nanorobotic solutions for healthcare, has raised $1.2 million in seed funding from Pi Ventures . The funding round also saw participation from Golden Sparrow Ventures and angel investors including Lalit Keshre, CEO of Groww, and Abhishek Goyal, founder and CEO of Tracxn.

With the new funds, Theranautilus, incubated at the Indian Institute of Science (IISc), plans to establish an International Organisation for Standardisation (ISO)-certified manufacturing facility to commercialise nanorobotics-based medical devices, initially focusing on dental care applications and filing new international patents. “Nanorobots are now made at a lab scale. But for clinical trials, we need to manufacture nanorobots at an industry scale.



.. Once that is in line, we want to also make medical devices out of it which will be made specifically to control nanorobots inside the human body,” Shanmukh Srinivas, cofounder and CEO of Theranautilus, told ET in an interaction.

Founded in 2020 by Ambarish Ghosh, Debayan Dasgupta, and Srinivas, Theranautilus tackles dental hypersensitivity by using nanorobots to navigate dental tissues and deliver biocompatible materials. Leadership From Idea to Product: A Startup Development Guide By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.

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Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Theranautilus estimates that over two billion people worldwide suffer from dental hypersensitivity, representing a $6 billion global market. “Their (Theranautilus) treatment for dental hypersensitivity could revolutionise a multi-billion-dollar global industry and set new healthcare standards. Furthermore, their revolutionary adaptable nanotechnology platform promises to open up new avenues for minimally invasive therapy across medical sectors,” said Sohil Bhagat, principal at Pi Ventures.

The investment comes amid growing interest from VC firms in homegrown startups leveraging advanced technologies such as artificial intelligence (AI) and robotics across industries like healthcare, manufacturing, and logistics. In October, AI-driven robotics startup Haber raised $38 million in a funding round led by private equity firm Creaegis, with participation from Accel India and BeeNext Capital. Similarly, robotics startup Perceptyne secured $3 million in seed funding, co-led by Endiya Partners and Yali Capital, along with Whiteboard Capital and angel investors.

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