Funding · Mobility & Logistics
Flo Mobility raises $2.5 Mn pre-Series A
By Startup Enthusiast ·
- Date
- Company
- Flo Mobility
- What it does
- Autonomous mobile robots for construction
- Kind
- Funding
- Amount
- $2.5 Mn
- Stage
- pre-Series A
- Based in
- Bengaluru
- Founded
- 2021
- Sector
- Mobility & Logistics
What they do
Flo Mobility builds autonomous mobile robots (AMRs) for the construction industry
What happened
It raised a $2.5 Mn pre-Series A round co-led by Mela Ventures and Arali Ventures
Why it matters
The company has deployed 60+ robots across 10 Indian states and claims 45% cost savings for customers
The details
- Flo Mobility raised $2.5 Mn (about ₹23 crore) in a pre-Series A round in April 2026.
- The round was a mix of primary (new shares) and secondary (existing shareholders selling) capital.
- Mela Ventures and Arali Ventures co-led the investment.
- The company will use the funds to scale manufacturing and advance its vertical AI and autonomy stack.
- It also plans to expand its engineering team and explore more use cases.
- Flo Mobility aims to enter international markets, especially the Middle East.
- The company has deployed 60+ robots across 10 Indian states.
The bigger picture
- The construction industry employs 270M+ people globally but has only 15-20 robots per 10,000 workers.
- The automation gap in construction represents a $65 billion commercial opportunity.
- The Indian AMR market is expected to grow from $314.7 Mn in 2026 to $1,321.8 Mn by 2033.
- Flo Mobility claims its robots deliver ~45% cost savings, 50% faster material movement, and 67% fewer accidents.
About the business
- Flo Mobility builds Physical AI and autonomous mobile robots (AMRs) for the construction industry.
- Its flagship product is the Flo Hauler, a battery-powered AMR that carries up to 1.5 tons.
- The Flo Hauler navigates unstructured terrain and supports multi-floor operations.
- The company uses a robots-as-a-service (RaaS) subscription model with an all-inclusive fee.
- 80% of customers choose the subscription model over purchasing the robots.
- Customers include L&T, Godrej Properties, Embassy Group, Sobha, and Capacite Infra.
- The company was incorporated in 2019 and initially focused on retrofitting autonomy to conventional equipment.
- It pivoted to building its own AMRs in early 2023 and zeroed in on construction by October 2023.
What happens next
- Scale manufacturing capacity.
- Advance vertical AI and autonomy stack.
- Accelerate India deployments and expand engineering team.
- Explore more use cases and enter international markets, especially the Middle East.
The deal
- Type
- pre-Series A
Investors
- Mela Ventures (co-lead) — Venture capital firm; partner Viju George.
- Arali Ventures (co-lead) — Venture capital firm; general partner Rajiv Raghunandan.
Founders
- Manesh Jain, CEO
- Pratik Patel, COO
About Flo Mobility
- Product
- Flo Hauler: battery-powered autonomous mobile robots for transporting construction materials up to 1.5 tonnes
- Customers
- Large construction developers and builders like L&T, Godrej Properties, and Embassy
- How it makes money
- Robotics as a service or direct sales of autonomous construction robots
- What sets it apart
- AI and autonomy stack enabling operation in unstructured construction environments with multi-floor capabilities
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