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Airwood Aerostructures company logo
INDUSTRIAL | Machinery & Equipment / Robotics
airwood.in

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Stage

Seed VC | Alive

About Airwood Aerostructures

Airwood's Aerostructures patent-pending drones are retrofitted with multispectral cameras and fly around plantations capturing real-time data on weather, water availability and crops. The company also provides advanced nutrient testing and soil measurement services. This can help farmers monitor plant growth and yield.

Airwood Aerostructures Headquarter Location

First Floor, IIT Madras Research Park Taramani, Tamil Nadu

Chennai, 600 113,

India

Latest Airwood Aerostructures News

Exclusive: StartupXseed backs farm data-capturing drone startup

May 2, 2016

| 0 Comments Chennai-based agri-tech startup Airwood Aerostructures Pvt. Ltd has raised an undisclosed amount in seed funding from StartupXseed Ventures LLP, a top executive at the venture capital firm said. Airwood’s patent-pending drones are retrofitted with multispectral cameras and fly around plantations capturing real-time data on weather, water availability and crops. It also provides advanced nutrient testing and soil measurement services. This can help farmers monitor plant growth and yield. BV Naidu, managing partner at Bangalore-based StartupXseed, said Airwood can help farmers substantially improve productivity. Airwood was incubated at IIT Madras in January 2014. It is led by co-founder and CEO Vivek Rajkumar, an alumnus of the institute who has previously worked with consumer goods maker Procter & Gamble. Rajkumar couldn’t be immediately contacted for a comment. Seed-stage VC firm StartupXseed is led by bureaucrat-turned-VC investor Naidu. It is backed by former Infosys board members V Balakrishnan and TV Mohandas Pai, as well as Manipal Group scion Ranjan Pai and others. It invests from Aaruha Technology Fund, which it  floated  in August last year with a corpus of Rs 30 crore. The corpus has now been expanded to Rs 100 crore. StartupXseed has so far invested in a range of Rs 75 lakh to Rs 1.5 crore in five startups including Airwood. It had earlier  invested  in unmanned aerial vehicle startup Aarav Unmanned Systems and IT security firm Shieldsquare.

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Expert Collections containing Airwood Aerostructures

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Airwood Aerostructures is included in 3 Expert Collections, including Agriculture Technology (Agtech).

A

Agriculture Technology (Agtech)

1,714 items

Companies that are using technology to make farms more efficient.

R

Robotics

1,665 items

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.

I

Internet of Things ( IoT )

3,149 items

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