CynLr - About the company
CynLr is a series A company based in Prilly (Switzerland), founded in 2019 by Nikhil Ramaswamy and Gokul Namakkal Arulsanmugam. It operates as an AI-based robotic vision solutions for industrial robotics. CynLr has raised $15.3M in funding from investors like Speciale Invest, Arali Ventures and Pavestone Capital, with a current valuation of $*****. The company has 673 active competitors, including 122 funded and 81 that have exited. Its top competitors include companies like Agile Robots, Agility Robotics and Apptronik.
Company Details
AI-based robotic vision solutions for industrial robotics. It offers a visual object intelligence platform to enable industrial robotic arms to see, understand, and manipulate any object in random and unstructured environments. It also offers an object recognition platform that leverages an eye-brain platform and deep neural network models reinforced with motion feedback.
- Website
- www.cynlr.com/
- Email ID
- *****@cynlr.com
- Registered Address
- No 156, Puttannachetty Road,5th Main Road, Chamarajpet, Bangaluru, Bangalore, Bangaluru, Karnataka, India, 560018
Key Metrics
Founded Year
2019
Location
Prilly, Switzerland
Stage
Series A
Total Funding
$15.3M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 28, 2025
Investors
Ranked
17th among 673 active competitors
Annual Revenue
₹5.5Cr as on Mar 31, 2025
Employee Count
38 as on Aug 31, 2025
Legal entities associated with CynLr
CynLr is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VYUTI SYSTEMS PRIVATE LIMITED CIN: U72200KA2015PTC079783 , India, Active | Apr 10, 2015 | $650K (As on Mar 31, 2025) | 28 (As on Jan 01, 2026) |
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CynLr's funding and investors
CynLr has raised a total funding of $15.3M over 4 rounds. Its first funding round was on Aug 06, 2019. Its latest funding round was a Series A round on Nov 05, 2024 for $*****. 13 investors participated in its latest round. CynLr has 23 institutional investors and 15 angel investors.
Here is the list of recent funding rounds of CynLr:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 05, 2024 | 7181137 | Series A | 3319520 | 5643072 | 9833958 | 1788581 |
Apr 05, 2022 | 3454788 | Series A | 2521778 | 1224867 | 2556323 | |
Dec 20, 2021 | 5055435 | Angel | 8832900 | 2853594 | 9157535 |
View details of CynLr's funding rounds and investors
CynLr's founders and board of directors
Founder? Claim ProfileThe founders of CynLr are Nikhil Ramaswamy and Gokul Namakkal Arulsanmugam. Nikhil Ramaswamy is the CEO of CynLr.
Here are the details of CynLr's key team members:
- Nikhil Ramaswamy: Co-Founder & CEO of CynLr. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Gokul Namakkal Arulsanmugam: Co-Founder of CynLr. They serve on the board of 1 company.Contact Info: 1 phone number
CynLr's Board of Directors
CynLr's board has 2 active members. Nikhil Ramaswamy and Gokul Namakkal Arulsanmugam are part of team.Here is the list of CynLr's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 0m | |
Team | - | Current | 11y 0m | |
tjujrrk | Investor | xi{svy{ | Past | 7y 7m |
View details of CynLr's Founder profiles and Board Members
CynLr's employee count trend
CynLr has 38 employees as of Aug 25. The total employee count is 14.0% lower than what it was in Aug 24. Here is CynLr's employee count trend over the years:
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CynLr's Competitors and alternates
Top competitors of CynLr include Agile Robots, Agility Robotics and Apptronik. Here is the list of Top 10 competitors of CynLr, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Agile Robots 2018, Munich (Germany), Series C | Manufacturer of intelligent robotic systems and automated industrial hardware components | $250M | 70/100 | |
2nd | Agility Robotics 2015, Salem (United States), Series C | Developer of robots and a cloud-based automation platform for logistics operations | $180M | 69/100 | |
3rd | Apptronik 2016, Austin (United States), Series A | Developer of general-purpose humanoid robots for various applications and industries | $956M | 64/100 | |
4th | Developer of quadruped robots, humanoid robots, robotic arms, and related components | $155M | 64/100 | ||
5th | Provider of intelligent automation solutions for industrial robots | $243M | 64/100 | ||
6th | Developer of embodied artificial intelligence robots for various applications | $83.8M | 63/100 | ||
7th | Orangewood Labs 2016, San Francisco (United States), Series A | Manufacturer of AI-powered robotic arms for industrial automation | $4.65M | 63/100 | |
8th | Limx Dynamics 2005, Shenzhen (China), Series B | Developer of embodied intelligent robotics and agentic operating system | $296M | 63/100 | |
9th | Mentee Robotics 2021, Herzliya (Israel), Acquired | Developer of humanoid robots | $17M | 62/100 | |
10th | RoboForce 2023, Milpitas (United States), Series B | Developer of AI-powered robotic labor systems for various outdoor and industrial applications | $67M | 62/100 | |
17th | CynLr 2019, Prilly (Switzerland), Series A | AI-based robotic vision solutions for industrial robotics | $15.3M | 60/100 |
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CynLr's Investments and acquisitions
CynLr has made no investments or acquisitions yet.
News related to CynLr
Media has covered CynLr for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Investors powering on robotics startups
Indiatimes•Jul 12, 2025•Niqo Robotics, CynLr, Ati Motors, Unbox Robotics
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GrowX Ventures Aims ₹4B For Backing Deep-Tech Startupselectronicsforyou.biz•Dec 12, 2024•GrowX Ventures, Pixxel, Locus, Progcap and 6 others
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Indian Robotics Startup CynLr Secures $10 Million to Revolutionize Industrial AutomationMetrology News•Dec 11, 2024•CynLr, Pavestone Capital, Athera, Speciale Invest and 1 other
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Vyuti Systems Private Limited’s Investment RoundGlobal Legal Chronicle•Nov 13, 2024•JSA, Pavestone Capital, CynLr
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Bengaluru-based robotics startup CynLr raises $10 millionThe Hindu•Nov 06, 2024•CynLr, Pavestone Capital, Athera, Speciale Invest and 2 others
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Crypto lender’s Tether loan halvedreporterwings.com•May 14, 2022•Celsius, Celcius, Supply Chain Labs, Endurance Capital and 14 others
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This visual object intelligence platform is making industrial robots smarterYourStory•May 07, 2022•CynLr
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