Solinas Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
145
- Latest Deal Type
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Series A1
- Latest Deal Amount
-
$5.5M
- Investors
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18
Solinas General Information
Description
Developer of robotic technologies designed to detect defects in critical pipeline infrastructure. The company builds inspection robotic technologies to detect existing defects such as leaks, gas pockets, corrosion, sediments, and dents, and also prevent failures, maximizing the lifespan of assets and addressing critical issues such as manual scavenging and water accessibility, enabling oil and gas, petrochemical, and power plants to take preventive maintenance actions, and also reducing manual intervention and costs.
Contact Information
Website
www.solinas.inCorporate Office
- B4-10, B Block 4th floor, IITM Research Park Incubation Cell
- Kanagam Road, Taramani
- Chennai, Tamil Nadu 600113
- India
Corporate Office
- B4-10, B Block 4th floor, IITM Research Park Incubation Cell
- Kanagam Road, Taramani
- Chennai, Tamil Nadu 600113
- India
Solinas Timeline
Solinas Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC (Series A1) | 06-Aug-2026 | $5.5M | Completed | Generating Revenue | ||
| 9. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 7. Later Stage VC (Series A) | 28-May-2024 | Completed | Generating Revenue | |||
| 6. Angel (individual) | 25-Jan-2023 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 08-Nov-2022 | Completed | Generating Revenue | |||
| 4. Seed Round | 13-Oct-2022 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | Completed | Startup | ||||
| 1. Accelerator/Incubator | Completed | Startup |
Solinas Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| CCPS | ||||||||
| Ordinary |
VC Exit Predictor
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Solinas Comparisons
Industry
Financing
Details
Solinas Competitors (3)
One of Solinas’s 3 competitors is Planys Technologies, a Venture Capital-Backed company based in Chennai, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Planys Technologies | Venture Capital-Backed | Chennai, India | ||||
| Intelligent Water Solutions by Watts | Venture Capital-Backed | Sunnyvale, CA | ||||
| SmartTerra | Venture Capital-Backed | Bangalore, India |
Solinas Patents
Solinas Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2025126224-A1 | System, apparatus, and method for detection of pipeline defects | Inactive | 15-Dec-2023 |
Solinas Signals
Solinas Investors (18)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Hero Enterprise | Venture Capital | Minority | ||
| Mela Ventures | Venture Capital | Minority | ||
| Toilet Accelerator | Accelerator/Incubator | |||
| Rainmatter Capital | Corporate Venture Capital | Minority | ||
| SBI Ventures | Asset Manager | Minority |
Solinas FAQs
-
When was Solinas founded?
Solinas was founded in 2018.
-
Where is Solinas headquartered?
Solinas is headquartered in Chennai, India.
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What is the size of Solinas?
Solinas has 145 total employees.
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What industry is Solinas in?
Solinas’s primary industry is Other Hardware.
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Is Solinas a private or public company?
Solinas is a Private company.
-
What is Solinas’s current revenue?
The current revenue for Solinas is .
-
How much funding has Solinas raised over time?
Solinas has raised $6.16M.
-
Who are Solinas’s investors?
Hero Enterprise, Mela Ventures, Toilet Accelerator, Rainmatter Capital, and SBI Ventures are 5 of 18 investors who have invested in Solinas.
-
Who are Solinas’s competitors?
Planys Technologies, Intelligent Water Solutions by Watts, and SmartTerra are competitors of Solinas.
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