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FES Cafe raises pre-Series A round led by 12 Flags

EntrackrEntrackr · 7h ago
FES Cafe raises pre-Series A round led by 12 Flags
Medial

Snippets FES Cafe raises pre-Series A round led by 12 Flags Cafe chain FES Cafe has raised around $1 million in a pre-Series A round led by 12 Flags. Existing investor Wolfpack Labs, a venture studio founded by Aakash Anand and Prerna Gupta, also participated. The Mumbai-based company had previously raised Rs 3 crore in a seed round led by Wolfpack Labs in July this year. The fresh capital will be used to expand across Delhi NCR, strengthen delivery and operations through a central production kitchen, and attract talent for the next phase of growth. Founded by Vidur Mayor, FES Cafe is an eggless dessert cafe chain offering baked cookies, puddings, alternative-ingredient cakes, seasonal desserts, savoury dishes, arcade game sections, and community formats such as Coffee Raves. The brand positions itself as a third space for young India and claims a loyal base of Gen Z and millennial customers. “FES Cafe started with a simple belief: desserts deserve to be celebrated. With 12 Flags’ and Wolfpack’s support, we’re ready to take that vision to more neighborhoods, creating dessert-first cafes that double as community spaces,” said Vidur Mayor, Founder and CEO. FES Cafe aims to launch over 100 stores by FY27 across Tier 1 and Tier 2 cities. It is also developing a hybrid COCO and FICO model, along with delivery hubs and packaged desserts, to expand beyond physical cafes.

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FES Cafe raises seed round led by Aakash Anand and Wolfpack Labs

EntrackrEntrackr · 4m ago
FES Cafe raises seed round led by Aakash Anand and Wolfpack Labs
Medial

Snippets FES Cafe raises seed round led by Aakash Anand and Wolfpack Labs Dessert-led cafe chain FES Cafe has raised Rs 3 crore in a seed funding round led by Aakash Anand and his venture studio Wolfpack Labs. The fresh funds will be utilized for expansion, including its entry into Delhi this July, and accelerate its vision of building a national, dessert-first Cafe brand rooted in culture, community, and indulgence, FES Cafe said in a press release. Founded by Vidur Mayor, FES Cafe is an eggless dessert cafe chain focused on indulgence, innovation, and community. It is positioned as a third space for young India, offering baked cookies, puddings, alternative-ingredient cakes, seasonal desserts, savoury dishes, changing dessert menus, arcade game sections, and community formats such as Coffee Raves to build a distinct cafe experience. Since launching, FES says it has tripled its revenue in the first three months, reached store-level EBITDA of 29.8% by the fourth month, and grown delivery revenue by 347% in 90 days. As of June 2025, it was processing over 10,000 monthly orders and became EBITDA-positive at the company level within four months. The Gurugram-based cafe plans to open its first Delhi outlet in July, followed by a second Gurugram store in a corporate park in September 2025. It aims to launch over 100 stores by FY 2027 across Tier 1 and Tier 2 cities. The company is also developing a hybrid COCO and FICO model, along with delivery-focused hubs and packaged desserts to expand beyond physical cafes.

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

EntrackrEntrackr · 6m 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.

Ice cream brand Go Zero raises $1.5 Mn

EntrackrEntrackr · 1y ago
Ice cream brand Go Zero raises $1.5 Mn
Medial

Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.

Beyond Snack raises $8.3 Mn in Series A round

EntrackrEntrackr · 10m ago
Beyond Snack raises $8.3 Mn in Series A round
Medial

Kerala-based banana chips brand Beyond Snack has raised $8.3 million in its Series A funding round led by 12 Flags Group, a consumer business-focused fund established by Rakesh Kapoor, the former global CEO of Reckitt Benckiser. Existing investor NAB Ventures also participated in this round, increasing its stake in the company. Japanese VC firm Enrission India Capital and other existing investors, including Faad Network, also joined. Earlier in July 2023, the brand had raised $3.5 million in a pre-Series A round from the NABVENTURES Fund. The proceeds will be used to drive Beyond Snack’s expansion into new territories, add product innovation, and strengthen its supply chain infrastructure. Founded by Manas Madhu, Jyoti Rajguru, and Gautam Raghuraman, Beyond Snack is a plant-based savory snacks brand that produces its banana chips with no artificial colors or flavors. Beyond Snack claims to have expanded its global footprint. Currently available in 12 countries, the brand is exploring new international markets, where it has seen strong demand for its products.

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