๐Ÿ‡ฎ๐Ÿ‡ณSubsidiary

Addverb Technologies

Addverb Technologies is an Indian industrial automation company founded in 2016. It describes itself as a developer of Physical AI robots for logistics, healthcare, manufacturing and other sectors. Its humanoid line includes the biped Elixis and the wheeled Elixis-W, unveiled in 2026.

Last verified Oct 8, 2026

Company website โ†—
Country
๐Ÿ‡ฎ๐Ÿ‡ณ India
Headquarters
Noida, Uttar Pradesh, India
Founded
2016
Type
Subsidiary
Parent
Reliance Retail Ventures (Reliance Industries)
Ticker
โ€”

Capital

Funding snapshot

Total funding

Not published

Last round

Series B / Reliance Retail stake (54%, January 2022, US$132 million)

Valuation

~$270,000,000

Addverb's official release says Reliance invested US$132 million in the Series B for a 54% stake and valued Addverb at US$270 million. Addverb continues to describe itself as Reliance-backed.

Portfolio

Robots by Addverb Technologies

1 shown of 1 robots

ATAddverb Elixis-W๐Ÿ‡ฎ๐Ÿ‡ณ Addverb Technologies
PrototypeWheeledโ€”โ€”โ€”10 kg1.5 m/s2 hโ€”Feb 2026

Model timeline

Robot announcements

  1. Addverb Elixis-W

    Feb 2026 ยท Prototype

Quick answers

Addverb Technologies FAQ

What humanoid robots does Addverb Technologies make?

Addverb Technologies has 1 robot record in this dataset: Addverb Elixis-W.

Where is Addverb Technologies based?

The company record lists Noida, Uttar Pradesh, India.