EyeROV, a marine robotics deep-tech startup, announced on Tuesday that it has raised ₹10 crore ($1.2 million) in a Pre-Series A funding round led by Unicorn India Ventures. The company plans to use the funds to expand its presence in international markets and to further develop its advanced marine robotics products and solutions.
Founded in 2016 by IIT alumni Johns T Mathai and Kannappa Palaniappan P, EyeROV specializes in marine robotics and AI, aiming to transform sectors such as energy, maritime, defense, and infrastructure with its innovative unmanned technologies.
The startup is known for introducing India’s first commercial underwater drones and has launched an unmanned surface vehicle (USV) that is already providing solutions across India and the MENA region. Additionally, EyeROV offers unique capabilities for inspecting long tunnels and pipelines and excels in integrating specialized payloads.
Anil Joshi, Managing Partner at Unicorn India Ventures, emphasized the complexity of marine robotics and the precision required in developing technology for underwater infrastructure inspections. He highlighted Unicorn India’s expertise in deep-tech investments, both in hardware and software, as a key factor in supporting EyeROV’s growth.
EyeROV has experienced consistent revenue growth over the past two years, launched multiple new products, and expanded into new industry sectors and regions. The company is a leader in underwater ROV-based inspections within India’s hydro sector and has garnered strong interest from customers in India, the MENA region, and Europe, particularly in infrastructure, power, and oil & gas sectors.
CEO Johns T Mathai expressed confidence that the new funding will enable EyeROV to accelerate its sales, R&D, and operational efforts. The company’s underwater inspection solutions have been successfully validated in the Indian market and are now poised for global expansion.
