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

EntrackrEntrackr · 2m ago
Climate-tech startup Newtral raises $600K from NOW Accelerate
Medial

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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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.

Climate tech startup Aurassure raises Rs 25 Cr in pre-Series A

EntrackrEntrackr · 12d ago
Climate tech startup Aurassure raises Rs 25 Cr in pre-Series A
Medial

Snippets Climate tech startup Aurassure raises Rs 25 Cr in pre-Series A Climate tech startup Aurassure has raised Rs 25 crore (around $3 million) in a pre-Series A funding round led by Rainmatter, the investment arm of Zerodha, and Unicorn India Ventures. Maithan Alloys Limited also participated in the round. Founded in 2022 by Akanksha Priyadarshini, Aurassure operates a climate intelligence platform that provides real-time, hyperlocal environmental risk data for enterprises and public-sector users. Its platform combines data from street-level sensors, satellite inputs and AI-based models to track parameters such as air quality, heat stress, rainfall, flooding and wind patterns. The proceeds will be used to expand internationally, invest in product development, and scale its hardware manufacturing capabilities. The firm said it will focus on markets across Latin America, South Asia and Africa, where climate volatility is high and reliable environmental data is limited. Over the past year, Aurassure has set up a wholly owned subsidiary in Brazil and rolled out deployments across more than 100 cities in the country. It has also initiated pilot projects in Bangladesh. In India, the startup claims to be present across 200 cities with a network of over 2,000 sensors. According to Aurassure, revenues have grown 150% year-on-year since its last funding round in 2023, with enterprise customers across sectors such as construction, insurance, healthcare, industrial operations and infrastructure. Aurassure plans to expand its sensor network, onboard new enterprise clients and scale its climate analytics platform. The startup is targeting deployments in 1,000 cities over the next three years.

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