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PedalStart concludes multi-city event series ‘Founder-Investor Fusion’

EntrackrEntrackr · 10m ago
PedalStart concludes multi-city event series ‘Founder-Investor Fusion’
Medial

PedalStart concludes multi-city event series ‘Founder-Investor Fusion’ Startup accelerator PedalStart has concluded its flagship multi-city offline event series, ‘Founder-Investor Fusion’. The invite-only event brought together over 350 participants across Bengaluru, Hyderabad, Mumbai, and Gurugram, and witnessed the presence of over 220 angel investors and High Net-Worth Individuals (HNIs). More than 90 new and emerging startups at various stages of growth obtained learning and networking opportunities through the event series, while soft commitments to the tune of Rs 6 crore were made to six startups who actively pitched. Launched in March this year, ‘Founder-Investor Fusion’ aims to empower early-stage start-ups (POC to early revenue stages), while simultaneously giving select investors the opportunity to invest in some of the most promising start-ups across the country. The event witnessed strong engagement while providing a powerful platform for carefully selected startups, six of whom pitched for raising up rounds. Ventures such as Flowwat, InsightAI, Shoegr, Bull Agritech, Iztri, and Oopar Club took the centre stage to pitch their innovations and growth plans. According to PedalStart, the key objective and driving force behind the series was to bridge the gap between promising early-stage startups and the strategic capital, mentorship, and ecosystem access they need to thrive. The Founder-Investor Fusion series began in Bengaluru in March 2025, with over 60 participants, including founders from PedalStart’s portfolio, followed by the next two chapters in Hyderabad and Mumbai, which saw a collective participation of over 150 angels and startup founders. The final chapter of the event, held recently at DLF Cyber Park, Gurugram, witnessed the attendance of over 20 promising startup founders and more than 100 investors. “From live pitches to strategic networking, the Fusion events offered immense value to founders and investors alike, and we are extremely proud to have received overwhelming support and active participation from the startup community across the country,” said Manas Pal and Aditya Darolia, co-founders of PedalStart. PedalStart is a startup accelerator dedicated to empowering early-stage founders with hands-on guidance, execution support, and strategic growth. Each year, through a three-month filtration process, it selects 15–18 high-potential startups for active investment and mentorship. The accelerator helps startups scale, expand market presence, and build strong foundations for long-term success.

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

EntrackrEntrackr · 20d 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.

PedalStart concludes 8th edition of acceleration program ‘Start-up Sprint’

EntrackrEntrackr · 9m ago
PedalStart concludes 8th edition of acceleration program ‘Start-up Sprint’
Medial

PedalStart concludes 8th edition of acceleration program ‘Start-up Sprint’ Startup accelerator PedalStart has recently concluded the 8th edition of its flagship fast-paced acceleration program ‘Start-up Sprint’ in Bengaluru. This free-of-cost Start-up Sprint hosted by PedalStart has, to date, provided mentorship and support to over 65 startup founders across India and facilitated raising over $1.5 million in collective investments across four promising cohort startups. Additionally, it has witnessed participation from over 250 investors and mentors, including numerous VCs, angels, and HNIs. The accelerator collaborates with selective founders, providing them with best-in-the-industry mentorship, strategic guidance, and insights to help them thrive and eventually enable few of them with funding cheques. The program brings together founders of a few high-potential startups across diverse sectors and from various parts of the country in each Sprint for co-learning-and-building, go-to-market (GTM) execution, feedback loops, and 1:1 mentorship from accomplished operators and mentors. PedalStart has already held eight successful editions of the Sprint, helping several startups to accelerate their early-stage launches and growth, and also with raising investments to scale their ventures. The offline sessions led by mentors and experts provide valuable industry knowledge and insights, delve into the participating startups’ business models, operations, growth bottlenecks, and assist them in building a roadmap to execute their short-term and long-term vision. Over the past few months, Shoegr, InsightAI, Nuvie, and Flowwat have emerged as some of the notable startups coming out from the PedalStart Start-up Sprint.

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