DEAL TRACKER

Tracking pre-seed and seed rounds that close in India every week

Also available in a weekly newsletter every Monday morning. Sign up here.

Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.

Investors
Founders
Jun 25
Wk 26 (23-29 Jun)

Indigenously developed counter drone system that has undergone trials with multiple regiments of the Indian Army. Small, cheap drones are determining the outcome of conflicts across the world, as we've witnessed in the last two years - a reported 70% of deaths in Russia and Ukraine have been from drones. The company has developed its first product - Surge AR01 - a smart drone jamming gun which has a 1.6km jamming range. Current Indian comps are claimed to be ineffective against custom built drones and have little IP control given foreign collaborations. ₹13CR ($1.5M) seed round. Other investors in the round: AC Ventures, Dexter Ventures. Founder Amardeep (IIT Bombay - aerospace engineering) was CMO at ideaForge and co-founder at NexGear (adventure cameras like GoPro) and Vizard (contextualised creatives for brands). Founded in Apr 2024. Comps: Zen Technologies (listed), Big Bang Boom, Paras Defence.

June 25, 2025
Fundraise news
Investors
Founders
Jun 25
Wk 26 (23-29 Jun)

Generative simulation engine for robotics, allowing robotics companies to train and test their systems faster and at a lower cost. Its text to generation "Multimodal World Model (MMWM)" reduces six month testing cycles to weeks at a fraction of the cost. Funding will be used towards product dev, entering the US and running pilots across warehouse automation, industrial robotics and autonomous systems. $1M pre-seed round, which also includes Indian Angel Network (IAN). Both co-founders were part of the Antler India Residency's first cohort; CEO Ayush was a robotics software engineer at three firms; CTO Arjun is a software engineer who was also a Founder in Residence at Entrepreneur First. Founded in July 2022.

June 25, 2025
Fundraise news
Investors
Founders
Wk 26 (23-29 Jun)

A new and indigenously developed solution for long term energy storage, enabling solar energy stored in the summer to be used in winter, while providing a source of reliable power backup for over 100 hours. Built upon a patented mechanically rechargeable Zinc-Air battery system which will deliver a cost of energy ("LCoE") which is competitive against lithium-ion. $1M seed round. Founded by researchers who built out the technology while conducting five years of foundational research at IIT Madras. The company itself was founded in Apr 2024.

June 25, 2025
Fundraise news
Investors
Founders
Wk 26 (23-29 Jun)

$1.5M seed round. Founders: CEBiotech company developing a vaccine targeting obesity and non-alcoholic fatty liver. Funding is towards the the preclinical development of UT009, its immunotherapeutic candidate, and eventually Phase I human trials. "UT009 represents a paradigm shift by differentiating it from current obesity drugs by addressing the root causes of weight gain". $1.5M seed round. Founders: CEO Gopi (VIT) was the CEO of Kyntox Biotech (diagnostics kits for snakebites); co-founder Uday was Chief Scientific Officer at Dr Reddy's and has been the CEO of two nutraceuticals companies since. Founded in Mar 2024.O Gopi (VIT) was the CEO of Kyntox Biotech (diagnostics kits for snakebites); co-founder Uday was Chief Scientific Officer at Dr Reddy's and has been the CEO of two nutraceuticals companies since. Founded in Mar 2024.

June 24, 2025
Fundraise news
Investors
Founders
Wk 24 (9-15 Jun)

Microbiome-based life sciences company, with a customer facing solution to improve gut health. ₹4CR pre-seed round. Founders: CEO Bipin was co-founder at Gaia Smart Cities (IOT devices for trains and airports); the Chief of Science and Technology has been a Senior Research Scientist at The Systems Biology Institute in Japan for 17 years; and the CEO of SBX Technologies (Japan) for a decade; Hiroaki Kitano, the Chief of Research and Collaboration, is the Head of the The Systems Biology Institute.

June 12, 2025
Fundraise news
Investors
Founders
Jun 11
Wk 24 (9-15 Jun)

DeepTech-driven contract manufacturing startup, offering on-demand manufacturing using advanced robotics for the pharma and wellness industry. Manufacturing is scalable, FDA compliant and offers customers a full suite from product development to commercial production. Has scaled production for 120 products, for clients in India, the US and MENA. $2.2 million seed round. The two co-founders were at IISc together. Prior to this, they ran Fermedicius Labs Retail Robotics together - consumer facing robotic solutions for food service & retail.

June 11, 2025
Fundraise news
Investors
Founders
Wk 22 (26 May-1 Jun)

SpaceTech - developing electric propulsion systems to enable longer duration sattelite missions in Ultra Low Earth Orbit (ULEO) - i.e. below 250 kms altitude. ULEO has traditionally remained largely inaccessible due to high atmospheric drag and fuel constraints. LEO itself (500-700km altitude) is a crowded space - both in terms of competitors as well as space debris. Orbitt's propulsion system uses residual atmospheric gases as propellant instead of carrying traditional fuel. $1M pre-seed round. The fundraise will go towards a first space demo mission by mid 2026. Both founders are ex-ISRO scientists from its Space Applications Centre - working at ISRO the last eight years before starting Orbitt Space this February.

May 28, 2025
Fundraise news
Investors
Founders
May 27
Wk 22 (26 May-1 Jun)

AI for QA and QC in the construction industry, that automatically detects and tracks every defect across the construction site. A ~30mm accurate 3D model of the site is built using helmet mounted 360 degree cameras. The company claims it is seeing early enterprise adoption in India and abroad. $1.2M seed round. Founded at Entrepreneur First. Founders: the CEO, IIT Bombay was an EIR at Entrepreneur First and Head of Autonomy at Airbound. The CTO, IIT Madras, was the AI Lead and on the founding team of the ePlane Company. Comps: SitePace (funded by SucSEED Ventures in April) is a direct comp.

May 27, 2025
Fundraise news
Investors
Founders
Wk 21 (19-25 May)

CO2 removal company. Their tech locks away carbon for thousands of years through “enhanced rock weathering” on farmlands. This TechCrunch article explains the carbon removal process / the tech behind it well. Started out with a pilot on the founders own tea estate in Darjeeling, now scaling up across North Bengal. $12M seed round. Angels in the round: Jason Zhao, Amrendra Singh, Tanmay Bhat, Arjun Soin, Nakuul Mehta, Arjun Ramani, Advaith Vishwanath, Rahul Seth. Founders: CEO Shrey was Chief of Staff at SuperShare and Lead Product Manager at Seekho; Co-Founder & President Sparsh is also the Co-Founder of Dorje Teas. This TechCrunch article explains the carbon removal process at Alt Carbon well.

May 21, 2025
Fundraise news
Investors
Founders
Wk 20 (12-18 May)

Off-grid zero-emission hybrid power systems for defense, homeland security, disaster management and telecom clients. Customers including DRDO, Indian Railways, Lockheed Martin and Bharat Electronics. Its Solid Oxide Fuel Cell (SOFC) technology provides energy systems that can be used above 18,000 feet/in temperatures below -35°C. $1M seed round. The founder was with the central government for over twenty years, including as Network and Server Farm Incharge.

May 15, 2025
Fundraise news