Hub71-backed deep-tech startup Planys Technologies has raised around $12 million in a primary funding round to expand its advanced industrial inspection services across key Middle East markets, the company announced.
The funding round was led by investors Ashish Kacholia and Lashit Sanghvi, with participation from existing backers including Pratithi Investment, Samarthya Investment Advisors, 3i Partners, LetsVenture and a group of angel investors, according to statements from Planys.
Planys, which specialises in underwater robotics and inspection technologies for critical infrastructure, said the new capital will support scaling its industrial inspection business across the Gulf, with particular focus on ports and terminals, refineries, petrochemical complexes, desalination plants and power infrastructure.
The startup’s solutions, which include hybrid remotely operated vehicles and AI-enabled 3D inspection systems, allow asset owners to conduct in-service inspections without halting operations — improving safety, reducing downtime and lowering lifecycle costs, company sources said.
Planys has already deployed its technology at more than 500 sites in over 10 countries, including in the UAE, Saudi Arabia, Qatar and Oman, and counts major energy and industrial clients such as ExxonMobil, Shell, Saudi Aramco and SABIC among its customer base.
Founded in 2015, Planys is expanding its regional presence from its base at Hub71 in Abu Dhabi, a tech ecosystem that supports startups with access to investors, partners and market networks.
Industry analysts said the funding reflects strong investor confidence in robotics and non-destructive testing technologies, which are seen as increasingly critical to maintaining complex infrastructure in energy-intensive markets across the Middle East.
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