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CrisprBits raises $3 Mn led by Spectrum Impact

EntrackrEntrackr · 6d ago
CrisprBits raises $3 Mn led by Spectrum Impact
Medial

CrisprBits raises $3 Mn led by Spectrum Impact CrisprBits will deploy the new funds to scale commercialisation of its PathCrisp molecular diagnostics platform and expand manufacturing for tests in human health, food safety and animal health. Bengaluru-based biotechnology startup CrisprBits has raised $3 million from founders, angels and family offices, taking its valuation to $12 million. The Pre-Series A round was led by Spectrum Impact, the family office of Rajendra Gogri, Chairman and Managing Director of Aarti Industries. Existing backers including Vijay Alreja Family Office (VJ Technologies Group) also participated, along with new investors from the promoter family of HBL Engineering. The company had earlier raised capital from founders, VJ Technologies Group and C-CAMP. CrisprBits will deploy the new funds to scale commercialisation of its PathCrisp molecular diagnostics platform and expand manufacturing for tests in human health, food safety and animal health. The company is also developing a CRISPR-driven strain engineering platform, starting with biofuel production processes. Founded by Vijay Chandru, Sunil Arora, Rajeev Kohli, Bharat Jobanputra and Aditya Sarda, CrisprBits operates a 7300 sq ft CRISPR R&D and prototype development facility in Bengaluru. The company runs three platforms: PathCrisp for molecular diagnostics, EdiCrisp for gene editing and strain engineering, and CurieCrisp for preclinical and rare disease-focused therapeutics. Over the next six months, CrisprBits plans to expand its CRISPR diagnostic products to global markets including Africa and Latin America. It will further strengthen operations by scaling infrastructure and production capabilities at its diagnostics manufacturing facility. The firm also aims to build an AI-augmented strain engineering platform for sustainability applications.

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

EntrackrEntrackr · 7m 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.

NoPo Nanotechnologies raises $3 Mn in pre-Series A round

EntrackrEntrackr · 1y ago
NoPo Nanotechnologies raises $3 Mn in pre-Series A round
Medial

Bengaluru-based startup NoPo Nanotechnologies has secured $3 million in its pre-Series A co-led by deep tech funds Axilor’s Micelio Fund and Inflexor Ventures. The round was also subscribed by other climate-focused funds Spectrum Impact, Aureolis, and other angel investors. The proceeds will be used to deploy the funds to ramp up production, enhance engineering capabilities, and execute a global go-to-market strategy. With the latest funding, NoPo is expanding its production capacity to service global battery manufacturers as well as further developing its offerings for electronics/semiconductor customers. Founded by Gadhadar Reddy and Kelley Bradley, NoPo produces high-quality Single-Walled Carbon Nanotubes (SWCNTs). Gadadhar and Dr Kelley Bradley have been working on building the technology over the past decade. SWCNTs are an advanced material that holds promise across various applications ranging from usage by EV battery manufacturers where the material can improve energy density to usage by researchers in the design of semiconductors to make quantum computing a reality. NoPo claims that it is the only player in India and one of the few globally to have developed the technology to produce SWCNTs using a proprietary patented method. The company has been manufacturing the material consistently for the last five years and is now focussing on expanding capacity for global customers working in high energy density batteries and in advanced electronics.

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