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Beverage startup LB Brewers raises $1.5 Mn in pre-Series A round

EntrackrEntrackr · 11m ago
Beverage startup LB Brewers raises $1.5 Mn in pre-Series A round
Medial

Beverage startup Latambarcem Brewers (LB Brewers) has secured $1.5 million (Rs 12.5 crore) in a pre-Series A round co-led by SPV, Dhruv Agarwala, Sheba Venture Holdings and others. The fresh funds will boost its growth and solidify its position as a leader in the natural functional beverage space, LB Brewers said in a press release. Co-founded in 2017 by brothers Aditya Ishan Varshnei and Anish Varshnei, LB Brewers operates under a holistic strategy, encompassing product development, manufacturing, supply chain, and brand building. The platform offers two main brands: Maka Di, offering a range of unique craft beers, and Borecha, a functional beverage brand featuring a range of health-forward beverages with a hero product being their probiotic kombucha. According to the Goa-based company, it also offers other products like Belgian Triple, Super Maka, Bavarian Keller, and others. The startup claims that its health-focused beverage has gained significant traction with a partnership with Akasa Air and Air India Express, making it the first kombucha and sparkling iced tea served on an Indian airline. Latambarcem Brewers says that it has expanded its reach to the US, Canada, UAE, and other global markets and plans to enter 11 European countries this year. The startup is projecting Rs 300 crore in annual revenue within the next three years.

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Ice cream brand Go Zero raises $1.5 Mn

EntrackrEntrackr · 1y ago
Ice cream brand Go Zero raises $1.5 Mn
Medial

Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.

Fluid Analytics raises $1.6 Mn in pre-Series A round

EntrackrEntrackr · 1y ago
Fluid Analytics raises $1.6 Mn in pre-Series A round
Medial

Cleantech startup Fluid Analytics has raised $1.6 million in its pre-Series A round led by Pravega Ventures and joined by an angel investor. The proceeds will be used to execute a global scale-up expansion starting with a focus on North America, the company said in a press release. Founded by Nidhi Jain and Asim R. Bhalerao, Fluid Analytics monitors water infrastructure health, waterway conditions, and the spread of water-borne diseases at scale. The startup claims to have successfully deployed solutions, monitored over 400 million gallons (1.5 billion litres) of urban wastewater spills and enabled the treatment and reuse of over 200 million gallons (800 million litres) daily. It continues to monitor a population of over 17.5 million for water-borne diseases, as an indicator of sewage spills. Its business model helps cities to combat water pollution sustainably, collaborating with utilities, contractors, and engineering firms. Early stage venture capital fund Pravega Ventures focuses on providing seed and pre-Series A funding. Its portfolio includes Crofarm (now Otipy), Fyle, SalarySe, Cashinvoice, and GrayQuest, among others.

ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia

EntrackrEntrackr · 6m ago
ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia
Medial

ErlySign raises $1.8 Mn in pre-Series A round from Ashish Kacholia Healthtech startup ErlySign has raised Rs 16 crore ($1.8 million) in its pre-Series A round from Ashish Kacholia. The proceeds will be used in clinical trials, securing CDSCO (Central Drugs Standard Control Organisation) approvals, and bringing ErlySign’s oral cancer detection kit to market. Founded in 2019 by Shubhendra Singh Thakur and Deovrat Begde, ErlySign develops solutions for early detection of oral cancer. The startup also claims to offer India’s first salivary biomarker-based test which can identify pre-cancerous conditions much before visible symptoms emerge. Looking ahead, ErlySign plans to use CRISPR miRNA-based testing technology to detect multiple types of cancer using the same saliva sample within 15–20 minutes.

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

EntrackrEntrackr · 2m 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.

Cherrapunji Craft Gin raises $1.2 Mn in pre-Series A round

EntrackrEntrackr · 5m ago
Cherrapunji Craft Gin raises $1.2 Mn in pre-Series A round
Medial

Raincheck Earth Co., the maker of alcoholic beverage startup Cherrapunji Craft Gin, has raised $1.2 Mn in pre-Series A round from Japanese investors. The round also saw participation from AngelList India Syndicate, who doubled down on their previous investments. The startup raised its seed round in May 2023. The proceeds will be used to ramp up its domestic and global expansion, increasing distribution and visibility for Cherrapunji Craft Gin in key markets. Founded by Mayukh Hazarika, Cherrapunji Eastern Craft Gin was launched in 2023 from Cherrapunji in Meghalaya. The North East Indian town is known as the rainiest place on earth and has the world record for the highest amount of rainfall in a year, and it is this rainwater that is purified and used alongside North East Indian botanicals to make Cherrapunji Gin. According to the company, its bottles are made of military-grade stainless steel with the aim of minimising the gin's carbon footprint and providing a reusable container, and in 2024 Cherrapunji Gin was voted as 'Gin Bottle of the Year 2024' by The Gin Guide readers and followers. The firm claims to have gained significant global recognition for its flagship product, which has already won 13 global awards since launch.

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