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Alternative dairy startup 1.5 Degree raises $1 Mn in pre-Series A led by 35North Ventures

EntrackrEntrackr · 1d ago
Alternative dairy startup 1.5 Degree raises $1 Mn in pre-Series A led by 35North Ventures
Medial

Alternative dairy startup 1.5 Degree has raised $1 million in a pre-Series A round led by 35North Ventures’ India Discovery Fund II. The funding will be used to scale manufacturing, expand institutional partnerships, and enter new cities including Mumbai, Pune, Bengaluru, Hyderabad, and Delhi. Operated by Natturz Bio Kontrol Pvt Ltd, 1.5 Degree focuses on the institutional food service market, supplying plant-based dairy and frozen dessert products to corporate cafeterias, hotels, educational institutions, and large dining operations. The firm partners with food service providers such as Compass Group and Sodexo. Its product portfolio includes plant-based milk, yogurt, tofu, cooking cream, gelatos, frozen desserts, smoothie yogurt bowls, and oat-milk-based beverages. The company also operates in-institution QSR formats and supplies products through long-term B2B contracts. 1.5 Degree uses proprietary processing technology to address taste and flavor challenges commonly associated with plant-based dairy products tailored for Indian consumers. The company claims its products result in significantly lower emissions and water usage compared to traditional dairy. The brand derives nearly 80% of its revenue from institutional contracts, offering predictable and recurring revenue through volume-based agreements and integrated supply chain operations. It is currently operational across Bengaluru, Pune, and NCR. While remaining B2B-focused, 1.5 Degree has also started expanding into direct-to-consumer channels through premium retail outlets, experience centers, and cloud kitchens via food delivery platforms.

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

EntrackrEntrackr · 15d 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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