Hub71 Deep-Tech ‘Planys’ Raises $12M to Expand Underwater Robotics

Planys Technologies, a Hub71-based startup specialising in underwater robotics and advanced inspection solutions for critical infrastructure, has raised around $12 million in primary funding to support its next phase of global expansion. The round was led by Ashish Kacholia and Lashit Sanghvi, with participation from existing investors including Pratithi Investment, Samarthya Investment Advisors, 3i Partners, LetsVenture and a group of angel investors.

The new capital will be used to scale Planys’ industrial inspection business across key Middle East markets, with a particular focus on ports and terminals, refineries, petrochemical complexes, desalination plants and power infrastructure. The company said the funding will support wider deployment of its robotics-led inspection technologies and strengthen its operational footprint in the region.

Planys’ technology is already deployed across more than 500 sites in over 10 countries, including the UAE, Saudi Arabia, Qatar and Oman. Its client base includes major energy, petrochemical and port operators such as ExxonMobil, Shell, Saudi Aramco and SABIC, reflecting growing demand for non-invasive inspection solutions in asset-heavy industries.