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Moonrider raises $6 Mn in Series A round led by pi Ventures

EntrackrEntrackr · 2m ago
Moonrider raises $6 Mn in Series A round led by pi Ventures
Medial

Moonrider, a Bengaluru-based electric tractor company, has raised $6 million in its Series A round led by pi Ventures, with participation from Singularity AMC and existing investors Advantedge Founders and Micelio Fund. Earlier in January this year, Moonrider had raised a seed round of $2.2 million (Rs 19 crore), co-led by AdvantEdge Founders and Micelio Technology Fund, along with a group of angel investors. The new funding will support the transition from pilot deployments to commercial rollout. Founded in 2023 by Anoop Srikantaswamy, Moonrider builds electric tractors designed to lower farming and land-preparation costs. It develops its platform through vertical integration across drivetrain, battery systems, and electronics. According to the company, its electric tractors can reduce farming costs by up to 80% and are priced at parity with diesel tractors. India currently sells about one million diesel tractors annually, and electric tractor adoption is expected to rise as fuel and operating costs impact farm profitability.

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LightSpeed Photonics raises $6.5 Mn led by pi Ventures

EntrackrEntrackr · 2m ago
LightSpeed Photonics raises $6.5 Mn led by pi Ventures
Medial

LightSpeed Photonics raises $6.5 Mn led by pi Ventures LightSpeed Photonics has raised $6.5 million in a pre-Series A round led by pi Ventures, with participation from 500 Global, Indian Accelerator, 8X Ventures, Java Capital, and Bay Area angels. The company has now raised $8.5 million to date, including grants. The proceeds will be used to set up an R&D facility to reduce pilot turnaround time. LightSpeed will also strengthen its work with OEM, EMS, and ODM partners as it moves toward commercialising its optical interconnect product line for data-centre infrastructure. Founded in 2021 by Rohin Y and Ramana Pamidighantam, LightSpeed Photonics develops compact optical interconnects for data movement in AI and high-performance computing systems. Its short-wavelength laser technology is built to support higher data speeds, lower power use, and smaller hardware size. The firm targets applications across AI, HPC, edge computing, telecommunications, aerospace, and advanced manufacturing.

TurboHire raises $6 Mn in Series A round led by IvyCap Ventures

EntrackrEntrackr · 6m ago
TurboHire raises $6 Mn in Series A round led by IvyCap Ventures
Medial

TurboHire raises $6 Mn in Series A round led by IvyCap Ventures Enterprise recruitment automation platform TurboHire has raised $6 million in Series A funding led by IvyCap Ventures. Earlier in October 2023, TurboHire had raised $2 million in its pre-Series A round led by Pentathlon VC and The Chennai Angels. The Hyderabad-based startup will use the capital to accelerate global expansion, enhance product capabilities, and deepen its integration across HR tech ecosystems. Founded in 2019 by Deepak Agrawal, Rakesh Nayak, and Gaurav Kumar, TurboHire is transforming enterprise hiring through its AI-powered platform that combines Agentic AI, intelligent workflows, and easy HRMS connectivity. It supports end-to-end hiring processes across scenarios from high-volume hiring to leadership roles on a single, configurable interface. TurboHire operates on a B2B SaaS model, offering subscription-based access to its recruitment automation platform. It earns revenue from enterprises using its tools to streamline hiring, reduce time-to-hire, and improve recruitment efficiency. TurboHire counts over 120 enterprises among its clients, including Cipla, Tata Motors, PwC, Lenskart, Britannia, RPG Group, Motilal Oswal Group, and Ola (ANI Technologies). Its technology integrates with global HRMS platforms such as SAP SuccessFactors, Oracle HCM, and Workday.

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures

EntrackrEntrackr · 14d ago
Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures
Medial

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures Gurugram-based kitchenware startup Cumin Co. has raised $5 million (around Rs 41 crore) in a pre-Series A funding round led by Fireside Ventures. Existing investors Huddle Ventures and Alteria Capital also participated, along with several angel investors. Earlier in August last year, Cumin Co. had raised its first institutional funding of $1.5 million (about Rs 13.16 crore) led by Fireside Ventures along with participation from Huddle Ventures. The proceeds will be used to expand the product portfolio across cookware and kitchen essentials. It also plans to strengthen its supply chain, increase investments in R&D, and improve manufacturing and product innovation capabilities. Founded by Niharika Joshi and Udit Lekhi, Cumin Co. operates in the premium kitchenware segment and focuses on research-led product development. The brand sells cookware and kitchen essentials directly to consumers through online channels. Cumin Co. builds its products around proprietary material and coating technology under its Enviromax platform. It holds three granted patents and has five more pending, covering material science, surface coatings, and product design. Going ahead, Cumin Co. will continue to focus on controlled expansion, selective channel rollout, and improving unit economics as it scales its operations. It competes with other notable startups in this space such as Indus Valley and Palette Brand’s Ember. Indus Valley secured Rs 23.1 crore in a pre-Series A round led by DSG Ventures, while Palette Brands raised nearly Rs 17 crore in a pre-Series A round led by Rockstud Capital.

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures

EntrackrEntrackr · 9m ago
Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures
Medial

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact. Shashank Pathak 05 May 2025 11:12 IST Follow Us New Update Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact, Supermorpheus, and returning investor Cocoon Capital have also participated. The total funding raised by the Bengaluru-based startup now stands at $4.02 million. The proceeds will be used to scale up manufacturing and expand its team. Founded in 2019 by Animesh Kumar Jha, Volt14 focuses on developing silicon-based anode materials for lithium-ion batteries. It has also developed an in-house cylindrical battery cell format demonstrating energy density enabled by its silicon anode. Volt14 claims that its technology increases silicon content in anodes while maintaining performance levels and is currently being evaluated by multiple battery cell manufacturers. According to market research, the lithium-ion battery sector is projected to exceed $300 billion by 2034, driven by electric vehicle adoption and energy storage expansion. Blume Ventures, the lead investor in this round, is also one of the early backers of Battery Smart, which is the most funded startup in the space.

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