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Stride Green raises $3.5 Mn in seed round

EntrackrEntrackr · 10m 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.

Pranos raises $6.8 Mn to build high-field fusion reactor technology

EntrackrEntrackr · 9d ago
Pranos raises $6.8 Mn to build high-field fusion reactor technology
Medial

Pranos raises $6.8 Mn to build high-field fusion reactor technology Pranos Fusion has raised $6.8 million (approximately Rs 63 crore) in a seed funding round co-led by pi Ventures and Ankur Capital, with participation from Industrial47. India’s deep-tech ecosystem is seeing a fresh push into frontier energy, with fusion startup Pranos Fusion outlining ambitious plans to build compact tokamak reactors and core enabling technologies. Deep-tech startup Pranos Fusion has raised $6.8 million (approximately Rs 63 crore) in a seed funding round co-led by pi Ventures and Ankur Capital, with participation from its existing investor Industrial47 and other prominent angel investors, including Groww co-founder Lalit Keshre, the founders of Razorpay, and Bhukhanwala Industries. The company did not disclose its valuation but indicated that it is aligned with global fusion startups at a similar stage. The Bengaluru-based startup had previously secured Rs 3.5 crore in a pre-seed funding round from Industrial47 and received Rs 20 lakh as a grant from the Startup India Seed Fund. The proceeds will be deployed across the development of its fusion technology stack, including continued development of magnet systems, software-driven design and control capabilities, team expansion, and the build-out of testing facilities, Pranos Fusion said in a press release. Co-founded in May 2024 by Shaurya Kaushal and Roshan George, Pranos Fusion is a deep-tech fusion energy company developing compact magnetic confinement systems designed for stable and controllable long-pulse operation. The company is building an integrated fusion development stack combining design and plasma-control software (JENGA), a compact tokamak platform (PRAGYA), and a high-temperature superconducting magnet program (MAGGA) to accelerate progress toward commercially viable fusion power. The startup is currently collaborating with institutions such as the Institute for Plasma Research and the Jawaharlal Nehru Centre for Advanced Scientific Research, while also engaging with the global fusion program ITER. According to market research, global electricity consumption is projected to grow by nearly 20% before the end of this decade, driven by AI, manufacturing, and urbanisation. “We stand on the shoulders of brilliant fusion physics. Now, the world needs the commercial infrastructure to bring it to the grid—the technology to design, construct, and operate fusion power plants at scale. At Pranos, we are building exactly that, and we are beginning our contribution today, from India,” said Shaurya Kaushal, co-founder and CEO of Pranos Fusion. By integrating advanced design, plasma control, and high-temperature superconducting (HTS) magnets, Pranos aims to achieve longer confinement times and higher magnetic fields in a significantly smaller physical footprint. Globally, players like Commonwealth Fusion Systems are racing to commercialise tokamak-based fusion. Pranos, however, is betting on a compact, low-aspect-ratio design, aiming to reduce the traditionally massive size and cost of fusion reactors.

Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures

EntrackrEntrackr · 1m ago
Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures
Medial

https://entrackr.com/snippets/deep-tech-robotics-startup-armatrix-raises-21-mn-led-by-pi-ventures-11152392 Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures The proceeds will be used to complete the development of its proprietary snake-like flexible robotic arm technology, expand the engineering and R&D team, and accelerate pilot deployments. Deep tech robotics startup Armatrix has raised $2.1 million in a pre-seed funding round led by pi Ventures, with participation from Inuka Capital, Boundless Ventures, Boost VC, Turbostart, and returning investor gradCapital. The proceeds will be used to complete the development of its proprietary snake-like flexible robotic arm technology, expand the engineering and R&D team, and accelerate pilot deployments with industrial customers, the company said in a press release. Co-founded in 2024 by Vishrant Dave, Prateesh Awasthi, and Ayush Ranjan, Armatrix develops snake-like, hyper-redundant robotic manipulators designed to operate in hazardous and confined industrial environments. The Bengaluru-based company aims to automate operations in hazardous and confined environments across sectors such as shipbuilding, nuclear, oil and gas, and aviation, where fatal injuries related to confined space work have been reported. Inspection and maintenance of critical infrastructure such as storage and fuel tanks, hulls, and reactors often require human entry into dangerous spaces. According to market research, the global robotics maintenance market was valued at $41.66 billion in 2023 and is projected to reach $150 billion by 2032. Armatrix's core technology focuses on reachability and actuation systems. Its robotic arm features high flexibility for seamless navigation, modular end effectors, and an AI-based navigation system that enables real-time adaptability. "Our mission is to move from a reactive, high-cost maintenance model to a proactive, zero-downtime standard, creating a paradigm shift in industrial inspection and maintenance. This funding enables us to scale from proof of concept to early adopters and validate the platform across real-world inspection and operational use cases," said Vishrant Dave, co-founder and CEO of Armatrix Automations. Looking ahead, Armatrix aims to emerge as a globally competitive deep tech robotics company, building AI-native, high-performance robotic systems that set new benchmarks in safety, precision, and efficiency for mission-critical industrial operations.

Stackbox raises $4 Mn led by Enrission India Capital

EntrackrEntrackr · 4m ago
Stackbox raises $4 Mn led by Enrission India Capital
Medial

Logistics tech startup Stackbox has raised $4 million in a fresh funding round led by Enrission India Capital. The latest investment will help Stackbox accelerate its product innovation and expand across Southeast Asia while strengthening its footprint in India. The Mumbai-based startup, founded by IIT alumni Sabyasachi, Shanmukha, Venktesh, and Nitin, leverages deep-tech solutions including its AI-powered Warehouse Management System and Transportation Management System to streamline operations in sectors such as FMCG, manufacturing, and e-commerce. Backed by a team with proven expertise in supply chain management and enterprise software, Stackbox has attracted clients among leading FMCG and manufacturing companies seeking efficiency and scalability. Stackbox’s founders said that the funding enables them to “build the digital backbone of tomorrow’s logistics,” supporting intelligent processes from warehouse to last-mile delivery. According to startup data intelligence platform TheKredible, Stackbox has raised over $2 million, including a $1.2 million seed round led by Ecosystem Ventures in August 2021. For the fiscal year ended March 2024, the Bengaluru-based company posted a profit of Rs 6 crore on operating revenue of Rs 25.7 crore.

Deep-tech startup Vimag Labs raises $5 Mn led by Accel

EntrackrEntrackr · 2m ago
Deep-tech startup Vimag Labs raises $5 Mn led by Accel
Medial

Deep-tech startup Vimag Labs has raised $5 million in a funding round led by Accel along with participation from Chakra Growth Fund and Thinkuvate. The proceeds will be allocated to accelerate the commercialisation of its patented platform, the virtual magnet synchronous motor platform, and expand engineering and manufacturing capabilities, Vimag Labs said in a press release. Co-founded in Sept. 2025 by Manish Seth and Piyush Desai, Vimag Labs is a deep-tech startup developing innovative, magnet-free electric motor technology to reduce reliance on rare earth metals. It aims to provide high-efficiency electric motors (for EVs, industrial machines, HVAC) without using rare earth metals, addressing cost volatility and supply-chain constraints. According to the Bengaluru-based startup, its motors are largely software-defined. Using advanced electronics and control software, it generates magnetic fields inside the motor electronically. This allows it to get all the benefits of magnet-based motors without the drawbacks. The startup is currently focusing on two- and three-wheeler EVs for commercialisation. Industrial applications such as HVAC, refrigeration, and defence are other use cases for its motors. Vimag Labs said that its technology is undergoing real-world vehicle testing and is at technology readiness level (TRL) 7. It has already begun commercialising parts of its electronics stack and is working with multiple large original equipment manufacturers (OEMs) in India and overseas. For automakers, the solution is designed as a plug-and-play, drop-in system, requiring no major changes to existing manufacturing lines or vehicle platforms.

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