🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Climate-tech startup RenewCred raises 4.25 Cr in seed round

EntrackrEntrackr · 1d ago
Climate-tech startup RenewCred raises 4.25 Cr in seed round
Medial

Climate-tech startup RenewCred raises Rs 4.25 crore in a seed funding round comprising a mix of equity and grants. The round was led by Campus Angels Network, with participation from Kairos Early Opportunity Fund, build3 Startup Studio, VentureStudio Ahmedabad University, Ideashacks Investor Network, ACT Capital Foundation, Social Innovation Lab by Citi Bank–IIT Kanpur, and angel investors. The proceeds will be used to deepen its methodologies, scale its Net Zero platform, and deliver carbon credits that buyers and regulators can genuinely trust. Founded in 2024 by Abhimanyu Rathi, the Bengaluru-based startup is building tech-driven infrastructure for high-integrity carbon credits using advanced MRV (Monitoring, Reporting, and Verification) supported by IoT, machine learning, and blockchain. The company aims to make carbon markets more transparent, efficient, and accessible, particularly for technology-led projects and smaller developers in the Global South. RenewCred’s proprietary Net Zero digital platform enables continuous monitoring, reporting, and verification at the level of each individual credit issued, moving away from document-heavy legacy systems. It is supported by a growing network of domain experts who co-develop sector-specific methodologies and ensure credits are conservative, measurable, and defensible under global scrutiny. Going forward, RenewCred plans to expand its portfolio of non-nature-based carbon credit methodologies, scale its digital MRV and registry platform, grow its science network, and onboard more project developers and buyers seeking continuously verified carbon credits. The startup also aims to position India as a credible source of high-integrity, technology-verified carbon credits for global markets. RenewCred is scheduled to issue its first set of carbon credits this quarter. It focuses on methodologies such as biochar, EV fleets, renewable energy, methane reduction, clean fuels, and industrial decarbonisation. Over the next 14 years, the company targets the removal of 2 gigatons of greenhouse gas emissions. Its platform integrates live data streams, scientific models, and automated checks to cut verification timelines by 75%, reduce transaction costs by over 50%, and significantly improve trust and auditability.

Related News

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

EntrackrEntrackr · 1m 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.

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 Newtral raises $600K from NOW Accelerate

EntrackrEntrackr · 3m 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.

Stride Green raises $3.5 Mn in seed round

EntrackrEntrackr · 7m 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.

Perkant Tech raises Rs 6.6 Cr in seed round

EntrackrEntrackr · 9m ago
Perkant Tech raises Rs 6.6 Cr in seed round
Medial

Perkant Tech raises Rs 6.6 Cr in seed round Indore-based health tech startup Perkant Tech has raised Rs 6.6 crore ($771K) in its seed round led by YourNest Venture Capital. The funding also saw support from the Government of India’s Atal New India Challenge (Rs 1 crore), Villgro Foundation (Rs 35 lakh), and Sanchi Connect (Rs 25 lakh). The proceeds will be used to help Perkant Tech improve its technology, grow its team, and prepare for a wider launch after successful tests. The firm also plans to add more features for detecting diseases early and helping in recovery tracking. Founded in 2020 by engineers Lokant Jain and Saniya Jeswani, Perkant Tech has created a smart AI-powered medical device that gives quick and clear health checks. Its main product, “Abhay Parimiti,” can scan a person’s health in under 60 seconds and works even in areas with limited doctors. Perkant’s technology is already patented in India and has a pending patent in the U.S. It is also aligned with India’s National Digital Health Mission. Its system can track over 700 body signals, helping people stay ahead of serious illnesses. The device is easy to use, making it helpful for both doctors and non-medical users in rural or remote places.

Download the medial app to read full posts, comements and news.