Planys Technologies, a Hub71-based startup specialising in underwater robotics and inspection technology, has raised around USD 12 million in new primary funding. The investment will support the company’s next stage of international growth. The funding round was led by Ashish Kacholia and Lashit Sanghvi, with continued backing from Pratithi Investment, Samarthya Investment Advisors, 3i Partners, LetsVenture, and a group of angel investors.
Planys will use the funds to grow its industrial inspection services across key markets in the Middle East. Priority sectors include ports and terminals, refineries, petrochemical facilities, desalination plants, and power infrastructure. The company uses hybrid remotely operated vehicles (ROVs), robotic crawlers, and an AI-based 3D Inspection Twin to carry out in-service inspections. These tools allow asset owners to maintain operations while improving safety, limiting downtime, and managing long-term maintenance costs.
The company is preparing to launch TankRover, an internationally certified explosion-proof ROV designed for inspecting hydrocarbon storage tanks and similar assets while they remain in service. This solution targets equipment widely used across the region’s process industries. Planys also provides underwater concrete testing and advanced non-destructive testing in low-visibility conditions, covering structures such as jetties, quay walls, intake and outfall systems, and submerged industrial assets.
Planys has completed more than 25,000 operational hours across 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. Operating from Hub71 in Abu Dhabi, the company continues to expand its regional footprint, using partnerships and regulatory access to support growth across the GCC. This includes its collaboration with Applus Velosi in Qatar.