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Climate-tech startup Newtral raises $600K from NOW Accelerate

Entrackr

Entrackr · 20d ago

Climate-tech startup Newtral raises $600K from NOW Accelerate

Climate-tech startup Newtral raises $600K from NOW Accelerate Climate-tech startup Newtral has raised $600K from NOW under its Accelerate model. NOW is a deeptech and deep science venture studio focused on sustainability and climate-tech. Newtral.io had previously raised $80K (Rs 0.64 crore) in a pre-seed funding round back in July 2023 led by startup accelerator PedalStart. The fresh funds will be utilized to scale and execute the GTM plan in key global markets and scale recurring revenue, Newtral said in a press release. Co-founded in 2022 by Avi Chudasama, Vinod Sonagara, and Anuraag Paul, Newtral.io provides enterprise sustainability software, empowering them to achieve net zero emissions. It also enables businesses to track and mitigate their carbon emissions while implementing sustainable practices. By leveraging its platform, enterprises can effectively measure their carbon emissions, identify areas for emissions reduction, create custom dashboards, and adopt sustainable practices. The Bengaluru-based startup enables organizations to move beyond compliance and achieve measurable climate impact. By integrating reporting, insights, and action into one platform, it aims to build a scalable global solution to help businesses transition toward a low-carbon future. Newtral claims that it is trusted by over 100 companies, including Wockhardt, Meghalaya Industrial Development Corporation (MIDC), and Metro Brands Limited, across pharma, real estate, and retail.

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Venture Studio NOW Earmarks $2 Mn To Scale Up Indian Deeptech-Led Climate Tech Startups

Inc42 · 1y ago

Venture Studio NOW Earmarks $2 Mn To Scale Up Indian Deeptech-Led Climate Tech Startups

India's first climate tech venture studio, NOW, has launched with a dedicated $2 million fund to invest in early-stage deep tech startups. The studio aims to invest in and co-build three to four sustainability and climate tech startups over the next 12-18 months, providing mentorship, funding, guidance on product-market fit, partnerships for prototype validation, and access to experts. NOW will focus on sectors such as energy, electric vehicles, agriculture, and low carbon materials, with investments ranging from $250,000 to $500,000 per startup. The climate tech market in India and Southeast Asia is projected to reach $350 billion by 2030.

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

Entrackr

Entrackr · 1y ago

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

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Economic Times

Economic Times · 9m ago

Climate tech startup GreenStitch raises $1.2 million from Equirus InnovateX Fund, others

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IndianStartupNews

IndianStartupNews · 2y ago

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Sprih helping businesses streamline their journey towards sustainability raises $3 million

IndianStartupNews

IndianStartupNews · 1y ago

Sprih helping businesses streamline their journey towards sustainability raises $3 million

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Economic Times

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Startup News FYI · 2y ago

Climate tech startup Chakr Innovation raised $2.2 million in funding from EXIM Bank

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Economic Times

Economic Times · 1y ago

Chip startup SiMa raises $70 million to quicken AI on cars and robots

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Elon Musk's AI startup xAI raises $6 billion in latest funding round

Economic Times

Economic Times · 10m ago

Elon Musk's AI startup xAI raises $6 billion in latest funding round

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