Mumbai, Feb. 8 -- Torus Robotics Pvt Ltd, a startup focusing on advanced powertrain technology for electric vehicles (EVs), defence, aviation, and consumer markets, has secured a seed investment of USD 4,70,000.

The funding was led by Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) as part of the Tamil Nadu Emerging Sector Seed Fund (TNESSF). Other investors include Forge Innovation & Ventures from Coimbatore and SINE (Society for Innovation & Entrepreneurship) IIT Bombay.

The investment will be used to expand Torus Robotics' research and development efforts and swiftly bring their innovative technologies from the lab to the market. The company plans to use the funds for innovation, growth, and other critical business asp...