Planys Technologies, a deep-tech company within the Hub71 ecosystem, has secured approximately USD 12 million in primary funding to support global expansion. The round was led by investors Ashish Kacholia and Lashit Sanghvi, with participation from existing backers including Pratithi Investment, Samarthya Investment Advisors, 3i Partners, LetsVenture, and angel investors.
The investment will fund the expansion of Planys’ inspection services across Middle East markets. The company focuses on infrastructure that requires continuous operation, including ports, oil and gas facilities, petrochemical plants, desalination assets, and power stations. Planys delivers inspections using robotic platforms and an AI-enabled digital inspection twin, allowing operators to assess asset condition without shutdowns.
A key development in Planys’ product roadmap is TankRover, an explosion-proof ROV designed for use inside hydrocarbon storage tanks. The system is built to meet international certification standards and supports in-service inspection of assets common across the region’s industrial sector. Planys also offers specialist inspection services for underwater concrete and complex non-destructive testing in environments with poor visibility and restricted access.
The company has logged more than 25,000 deployment hours at over 500 sites worldwide. Its operations span more than 10 countries, with a strong presence in the Gulf region. Planys works with large industrial operators including ExxonMobil, Shell, Saudi Aramco, and SABIC. From its base at Hub71 in Abu Dhabi, the company continues to build partnerships with regional and international stakeholders. This includes a strategic collaboration with Applus Velosi in Qatar to support inspection services across the GCC.
