Thai physical AI startup Amity Robotics has raised $7 million in a seed funding round comprising equity and debt to expand its robotics platform, the company said.
The equity portion of the financing was anchored by Indonesia-focused venture capital firm East Ventures, with participation from 500 Global, while the debt facility was led by AlteriQ Global.
DealStreetAsia has reached out to Amity Robotics to determine the split between the equity and debt components of the $7-million round.
The Bangkok-based startup said the fresh capital will support its ambition to build a globally competitive physical AI and robotics company from Thailand, deepen deployments of its AI-powered concierge platform, and commercialise its first mobile robot.
“This round is a strong endorsement of that ambition, and of a future where AI steps into the physical world to serve people directly,” said Korawad Chearavanont, Chairman, Amity Robotics.
Amity develops AI-powered robotic systems for hotels, shopping malls, and other high-traffic venues. Its flagship product, ARC Base, is a stationary AI concierge kiosk capable of voice-based customer interactions.
The company said ARC Base has been deployed at more than 30 properties across Singapore, the UAE, Saudi Arabia, Hong Kong, Thailand, Malaysia, and Indonesia.
It expects to begin its first customer deployment in Europe later this month.
Amity’s customers include shopping mall operators such as Pavilion Kuala Lumpur, Siam Piwat, The Mall Group, and Pacific Place Jakarta, as well as hotels operated by InterContinental Hotels Group (IHG), Accor, and Shangri-La.
“The momentum behind ARC Base across malls and hotels in seven markets shows that physical AI is ready for real commercial deployment, not just pilots. said Lionel Chin, Chief Operating Officer of Amity Robotics.
East Ventures, the lead investor in the equity portion of the funding round, has raised nine funds focusing on Southeast Asia and invested in over 300 seed- and growth-stage tech companies.
The firm’s last announced fund was the Growth Plus fund, which secured a final close of $250 million. Its $30-million Healthcare fund was dedicated to supporting healthcare solutions in Indonesia.
