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Climate tech startup Fitsol raises $1 Mn in seed round

EntrackrEntrackr · 8m ago
Climate tech startup Fitsol raises $1 Mn in seed round
Medial

Fitsol, a decarbonization platform designed for the manufacturing industry, has raised $1 million in its seed round from Transition VC. The proceeds will be used to ramp up growth across three key areas. It will invest in enhancing Kyoto’s AI capabilities to offer advanced analytics and modules for lifecycle assessments and product carbon footprints. It also plans to expand its operations by hiring top talent in technology, business development, and customer success. Founded in 2022 by Anand Pathak, Akshay Tandon, Manoj Sharma, Sunil Bansal, and Vikas Kalra, Fitsol enables manufacturers to measure, report, benchmark, and actively reduce their carbon emissions through its AI-driven platform, Kyoto, and a comprehensive sustainability marketplace. While Kyoto tracks emissions across Scope 1, 2, and 3, the marketplace offers solutions such as green logistics, sustainable packaging, eco-friendly procurement, waste management, and carbon offsetting services—streamlining the path to achieving net-zero targets. Its end-to-end approach also demonstrates its financial viability. It claims to have delivered 15–20% cost savings across its carbon reduction projects, shattering the industry’s misconception that sustainability is prohibitively expensive. The firm caters to industry leaders like JK Tyre, JBM Group, Rockman Industries, Hindware, Musashi, and Penguin Random House India, while also playing a crucial role in the supply chains of major automotive brands such as Mahindra, Suzuki, Hero, Royal Enfield, OLA Electric, and Ather.

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Sprih raises $3 Mn in seed round led by Leo Capital

EntrackrEntrackr · 1y ago
Sprih raises $3 Mn in seed round led by Leo Capital
Medial

Climate tech startup Sprih has raised $3 million in its seed round led by Leo Capital, with participation from a few individual entrepreneurs and climate experts. The proceeds will be used for sales and marketing activities to support the global expansion efforts, the startup said in a press release. Additionally, it will also deploy funds towards acquiring talent for the creation of AI models centred on climate, and broadening its partner ecosystem, the company added, Founded in 2022 by Akash Keshav, Ravi Singhal, Rohit Toshniwal, and Hemant Joshi, Sprih is a climate technology platform which assists companies in streamlining their path towards sustainability. Sprih works with public-listed and private companies across sectors such as manufacturing, construction, chemical, paint, pharma, IT, and higher education. Some of its customers are Indigo Paints, Hero Motors, Arvind SmartSpaces, Espi Industries, and InfoBeans.

Stride Green raises $3.5 Mn in seed round

EntrackrEntrackr · 3m ago
Stride Green raises $3.5 Mn in seed round
Medial

Stride Green raises $3.5 Mn in seed round Gurugram-based climate-tech platform Stride Green has raised $3.5 million in a seed funding round led by Micelio Technology Fund and Incubate Fund Asia, along with participation from other strategic investors. The proceeds will be used to expand the team, enhance its technology platform, and support its growth across India's clean energy transition sectors, including electric mobility, battery storage, and renewable energy. Founded by Ishpreet Gandhi and Vivek Jain, Stride Green provides asset financing and lifecycle management solutions tailored for sustainable businesses. It uses its proprietary tech stack to offer real-time analytics, alerts, and operational insights aimed at improving asset performance and longevity. The platform currently manages over 3,000 cleantech assets and collaborates with original equipment manufacturers and logistics firms. Stride Green facilitates leasing and financing solutions for these sectors, enabling companies to scale sustainably. Stride Green is also planning geographical and vertical expansion to deepen its role within the climate-tech space.

Climate tech startup Resilience AI bags $1 Mn in seed round

EntrackrEntrackr · 8m ago
Climate tech startup Resilience AI bags $1 Mn in seed round
Medial

Resilience AI, a climate risk and sustainability technology firm, has raised $1 million in its seed funding round led by Kalaari Capital's CXXO initiative, which invests in ventures led by women entrepreneurs. The round also saw participation from Java Capital. The proceeds will be used to drive the development of Resilience360, offering end-to-end climate risk management solutions for private and public enterprises. Additionally, the startup aims to co-develop solutions with its customers, expand market access, and drive research-based innovation. Founded by Samhita R, Resilience360 addresses the need for a proactive approach to climate resilience, enabling organizations to prepare for extreme climate events such as heatwaves, floods, cyclones, landslides, and earthquakes. By combining machine learning and deep climate analytics, the platform provides hyperlocal risk maps, automated climate risk diagnostics, and institutionalized climate action plans that integrate sustainability and climate risk standards. The platform's flagship product Resilience360 offers hyperlocal climate risk baseline and mapping; Plan, enabling the development of tailored risk controls; Action, focused on the implementation and reporting of climate measures; and Scale, which supports ongoing monitoring and the expansion of adaptation strategies.

Bio-tech startup PeelON raises $1 Mn in seed round led by growX Ventures

EntrackrEntrackr · 15d ago
Bio-tech startup PeelON raises $1 Mn in seed round led by growX Ventures
Medial

Bio-tech startup PeelON raises $1 Mn in seed round led by growX Ventures PeelON, a bio-tech startup specialising in biodegradable, compostable packaging for fresh produce, has raised $1 million in a seed funding round led by deep-tech-focused VC firm growX Ventures along with participation from Boston Venture Group, Clean Energy Venture Group, and Climate Angels. The proceeds will be deployed to expand R&D and production facilities in Visakhapatnam, hire across sales (USA and India), R&D, and regulatory compliance, and launch marketing campaigns, PeelON said in a press release. Co-founded in 2020 by Taraka Ramji Moturu and Venkata Ravi Sankar Ummidi, PeelON develops plant-based films that extend the shelf life of fruits and vegetables by up to 3x. It operates on a B2B model, working with farmers, exporters, and retailers to eliminate single-use plastics at every stage of the fresh produce supply chain. According to PeelON, it offers two flagship products, engineered to address the respective pain points of bulk shipments and retail products. While its first product PeelON-Fresh offers liners for bulk shipments, its second product PeelON-Retail+ offers retail-ready bags with natural antimicrobial agents and ethylene scavengers to maintain freshness and reduce food spoilage. PeelON’s solutions are being commercially deployed across crops such as cilantro, broccoli, leafy greens, rambutan, and banana, with clients in Maharashtra and Andhra Pradesh in India, as well as in Texas, Florida, and California in the US. The company also has active collaborations with universities and compostable materials labs in the USA and India to expand its solutions to other items. The company plans to expand production capacity in India and the US, become the go-to packaging solution for sustainable exporters in India, Mexico, and Southeast Asia, and launch retail compostable packaging formats in the US and Canadian markets. It also aims to pilot a blockchain-enabled traceability platform for carbon and shelf-life validation.

Two Point O Capital raises $6.3 Mn in seed round

EntrackrEntrackr · 11m ago
Two Point O Capital raises $6.3 Mn in seed round
Medial

Climate financing platform Two Point O Capital has raised $6.3 million in its seed round led by Omnivore, with participation from Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and a group of marquee angels. The proceeds will be used to improve its tech-enabled platform for sourcing, financing, and monitoring distributed projects in clean energy sectors, and to hire a top-tier team. Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan, and Shashidhar Reddy, Two Point O Capital offers flexible financing solutions for distributed clean energy projects in the commercial and industrial sectors. The Gurugram-based startup focuses on solar rooftops, energy efficiency, and wastewater treatment, offering leasing and capex financing options. It also plans to collaborate with various operating and financial partners to develop and manage a high-quality portfolio on a platform.

LogicLadder raises $2.5 Mn in Series A round

EntrackrEntrackr · 1y ago
LogicLadder raises $2.5 Mn in Series A round
Medial

Climate-tech SaaS startup LogicLadder has raised $2.5 million in its Series A round led by Singapore and Vietnam-based BIG Capital and Zerodha’s Rainmatter. The firm is backed by investors including ONGC, Shell and IIM Lucknow EIC. The proceeds will be used to expand its global footprint in South Asia and North America. Founded in 2011, LogicLadder’s premium platform ‘The Sustainability Cloud’ is used by enterprises to manage ESG, account for Scope 1, 2 and 3 carbon emissions, meet environment compliance and generate sustainability reporting. According to LogicLadder, the software follows global standards like GHG protocol, SBTi, GRI, CDP, CSRD, SASB, BRSR, CBAM and GRESB, among others. Additionally, its products – TSC Water, TSC Energy, and TSC Enviro, allow organisations to achieve efficiency-led decarbonisation and sustainability in water and generated waste. The firm claims to be working with over 1,000 customers such as NTPC, BHEL, PVR-INOX, Mother Dairy and others, along with 40 channel partners.

Social media startup Hunch raises $23 Mn in Series A round

EntrackrEntrackr · 1y ago
Social media startup Hunch raises $23 Mn in Series A round
Medial

Social media startup Hunch has raised $23 million in a Series A funding round led by Alpha Wave and South Korea-based Hashed Emergent. The Dubai-headquartered company will use the funds to strengthen tech infrastructure, improve feed personalisation and accelerate its expansion into the US and Indian markets. It already has offices in India and Singapore. Previously, the firm scooped up $3 million in a seed round in June 2022. Founded in 2022 by Ish Goel, Hunch allows users to create polls that attract votes and comments on various topics, like pop culture, gaming, finance, dating, relationships, anime etc. The polls abridge a curiosity gap, allowing users to validate their own opinions and find like-minded individuals. Hunch claims to record over 1.15 lakh polls, attracting more than 1 crore opinions through user votes across the nation. As per the company, nearly 85% of its user base is in India, with the rest coming from the US. In a statement to the media, Goel said that the firm is looking to scale up to the low single-digit millions of MAUs over the next 12 months with 40% to 50% of that user base coming from the US. Hunch is the second Indian-origin founder-led startup that has a base in Dubai and raised funding in 2023. Last week, Fashinza co-founder Jamil Ahmad’s proptech startup Marrfa announced its pre-seed round led by Berlin-based VC firm Foundamental.

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