Hub71-based Indian deeptech startup Planys Technologies bagged USD 12 mn to scale its industrial inspection business across the Middle East, with a focus on ports and terminals, refineries, petrochemical complexes, desalination plants, and power infrastructure.

Who’s in? The round was led by Indian investors Ashish Kacholia and Lashit Sanghvi, with participation from existing investors including Pratithi Investment, Samarthya Investment Advisors, 3i Partners, LetsVenture, and other angel investors, according to a press release.

About Planys: Founded in 2015 by Tanuj Jhunjhunwala (LinkedIn) and Vineet Upadhyay (LinkedIn), Planys develops autonomous and remotely operated underwater vehicles to inspect underwater infrastructure systems in the marine and process sectors. The firm operates across 500 sites in more than 10 countries, including the UAE, Saudi Arabia, Qatar, and Oman.