SP Robotic raises Rs 2 crore from Chennai Angels, IAN

SP Robotic Works, a Chennai-based start-up that provides robotic education to school students under the brand Kidobotikz, has raised Rs 2 crore from the Indian Angel Network (IAN).

Nagaraja Prakasam led this round of funding on behalf ofIAN and will also join the board of the company. Rajesh Navaneetham and MV Subramanian would also be leading this round from IAN. The Chennai Angels (TCA) has co-invested in this round.

The investment will be primarily used for the growth and expansion of the company. Kidobotikz plans to launch a digital version of its courseware. The same will be soft-launched in Chennai in a few months and then expanded gradually to various geographies, initially South India.

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