Peppermint Robotics raises Rs 100 crore for global expansion

By Daniel Okafor

What did Peppermint Robotics raise?

Siliconindia reported that Peppermint Robotics raised Rs 100 crore, around $10.5 million, in a Pre-Series B funding round. pi Ventures and Crane Venture Partners led the round, while Asiana Fund also participated. The transaction combines primary capital and secondary share transactions, according to the report.

Siliconindia's figures make the new round nearly three times the size of Peppermint Robotics's April 2025 Series A, which raised Rs 34 crore, around $4 million. The allocation puts manufacturing and international expansion at the center of the round, alongside product development and hiring.

How will the capital be used?

Siliconindia said the company will use the fresh capital to expand manufacturing capacity, develop next-generation robotics solutions and strengthen global operations. According to Peppermint Robotics, primary capital will be allocated across:

• Research and engineering.
• Manufacturing expansion.
• North American operations.
• Global market expansion.
• Hiring senior leadership and engineering talent.
• A broader portfolio of autonomous floor-cleaning and material-handling robots.
• Advancing the next-generation cleanroom robotics line.

Peppermint Robotics plans to establish an assembly line in North America in the coming months, according to Siliconindia. That is the round's clearest new operating commitment, placing assembly in the region that contains its largest market. Siliconindia disclosed no line capacity, investment amount or exact start date, leaving the round's most tangible expansion commitment without a public cost or timetable.

What does Peppermint sell?

Siliconindia said Peppermint Robotics develops autonomous robots for commercial floor cleaning and material transportation. The company has deployed robots across:

• Factories.
• Hospitals.
• Airports.
• Malls.
• Warehouses.
• Hotels.
• Universities.

Peppermint Robotics also serves pharmaceutical cleanrooms, where its robots have passed qualification testing in an EU GMP Grade cleanroom, according to Siliconindia. The cleanroom result adds a specialized deployment setting to the company's two core commercial tasks. Siliconindia does not extend that qualification result to every jurisdiction.

How do its robots navigate?

Peppermint Robotics develops its robotics hardware, software and perception systems in-house, Siliconindia said. Its robots use computer vision and LiDAR to map environments, plan cleaning routes and avoid obstacles. The company also offers offline robots for security-sensitive environments.

That in-house stack links the physical machines with the software that directs their movement and task execution. The offline offering broadens the product set for sites the company identifies as security-sensitive. Siliconindia does not disclose model names, fleet sizes or unit pricing, preventing readers from calculating commercial scale against the newly funded manufacturing and North American expansion plans.

How large is Peppermint's market footprint?

The startup has expanded operations to nine countries, with the US emerging as its largest market, according to Siliconindia. The North American assembly plan therefore sits in the same region as Peppermint Robotics's established largest market. Siliconindia does not break out revenue, robot units or the country mix, so the US position cannot be sized from the available figures. It also gives no valuation for the Pre-Series B round and no terms for the secondary share transactions.

Nine countries establish an international operating base before the new assembly line opens. The US leadership adds a clear geographic center to that expansion, although the report provides no country-by-country timeline or installation schedule.

How fast has revenue grown?

According to Peppermint Robotics, revenue grew nearly sixfold between FY24 and FY26, following a doubling in the previous year. That acceleration lifts the company's revenue trajectory as it enters a broader manufacturing and geographic expansion phase. Siliconindia did not disclose the underlying revenue base, profitability or customer concentration, which prevents a direct calculation of sales per robot or per country.

The next execution test is straightforward: establish the North American assembly line, add senior leaders and engineers, and expand the floor-cleaning, material-handling and cleanroom product lines. Future disclosure of absolute revenue and deployment numbers will show whether the nearly sixfold rise is becoming durable at scale.