Funding Alert: Tech Startups That Raked in Moolah This Month

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The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.

Startup: Venttup

Sector: Manufacturing as a Service

Amount: US$3 Million

Led by: Rainmatter by Zerodha & Unicorn India Ventures.

Industries 5.0 Startup Venttup has raised $3 million in a Pre Series A round led by Rainmatter by Zerodha and Unicorn India Ventures. Funds raised will be used for expanding the engineering team, investing in precision manufacturing facility and rapid prototyping infrastructure. The funds will also be used for adopting AI to improve B2B sourcing, supplier intelligence and increasing operational efficiency.

Abhinav Singh Negi, Lead – Climate and Deeptech, Rainmatter by Zerodha, said, “When we spoke to our existing portfolio companies about their execution challenges, we consistently realized how difficult it is for hardware startups to find reliable partners who can manage the transition from validation to production. At...

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