Materials science company that is pioneering silica aerogel insulation sheets. Funding towards R&D and production while seeking customers in oil and gas, EVs, defence and construction. ₹12CR seed round. Founders: Ankit (IIT Roorkee) spent 12 years at Pluss Advanced Technologies (thermal energy storage and advanced polymers); Apoorv (also IIT Roorkee, with a PhD in Ionomer Membranes from Clemson University) also worked at Pluss; Devakar (also Clemson University) was a business lead at Pluss. Founded in Aug 2024.

Drone startup founded in 2020 by a 15 year old who was inspired by Zipline, the on-demand drone delivery company. Uses a tail-sitter design (the drone launches upright) with a goal to deliver parcels at 1/20th the cost of typical deliveries. Deliveries cost ₹24 per delivery today, with an aim to get below ₹5 by end 2026. Pilot program with Bangalore's Narayana Health, through which it will undertake medical logistics for three months. Also looking at quick commerce and food delivery. $8.65M seed round led by Lachy Groom, following last year's round by Lightspeed. Founder Naman, now 20 years old, started Airbound as a side project during high school in Mumbai when he was 15. Founded in 2020, formally in Mar 2023.

SpaceTech company, designing and manufacturing advanced rocket engine systems. Developing ANYA, a liquid rocket engine platform. Currently at the design and testing phase. The startup plans to set up an integrated rocket facility that will bring together design, manufacturing, and testing under one roof. ₹7CR seed round.

DeepTech startup developing Large Behavioral Models (LBMs), i.e. a new class of AI for robots to understand complex behaviour, e.g. sequences of actions in the physical world. The US and UK are target markets - no information on launch, pilots, clients. ₹44.37CR ($5M) seed round. Founders Suraj and Aruna are both incubatees of Indian Statistical Insitute, Kolkota. They started Assessli in Aug 2022 out of college.

Defence tech startup focused on autonomous drones. Flagship product Titan is qualified by the Indian armed forces and is a heavy-duty drone built to transport and deliver essential supplies. The second product, Fury, detects hostile drones up to 30km away and launches high speed interceptors (speed: 300km/hour). $2M pre-seed round. Founders: CEO Yeshwanth (IIT Bombay, founder in residence at EF) was Co-Founder & COO of AEREO (aerial mapping, fka AUS-Aarav, backed by JSW, 360 One, 3one4, growX) and Co-Founder & CTO at F-drones (critical logistics for the maritime industry). COO Hemaditya was an engineer at AEREO before building Protoezy as CEO (hardware design prototyping). Founded in Apr 2025.

SpaceTech startup developing autonomous robotic spacecraft to clear space debris. Space debris poses challenges to space stations, future exploration as well as satellites. In addition to removing space debris, the company helps operators de-orbit satellites, insuring they comply with regulations on orbital safety. In-space demonstrations are expected in late 2026. $3.17M pre-seed round. Other investors in the round: Shakti VC, Pawan Kumar Chandana and Naga Bharath Daka (Skyroot Aerospace). Founder & CEO Chiran was at ISRO for 15 years, most recently as the Head of the Anthropometry, Biomechanics and Human Performance Division. Founded in Jun 2025. Based in T-Hub in Hyderabad.

Robotics startup developing perception hardware (i.e. multi-sensor, gyro stabilized cameras) and agentic AI for use on drones across air, ground and sea. Target customers in defence, policing and industrial inspection. No information on current traction. ₹3.5CR seed round. Founder Vignesh (robotics at Washington University in St. Louis) was Group Product Manager at Asteria Aerospace (drones). Founded in Jun 2024.

SpaceTech startup developing expandable space habitats and dual use defence-space technologies. This round will go towards developing an expandable space habitat for use in orbital logistics, in-space experiments and space habitation. $1.2M pre-seed round. Other investors in the round: LVX, 1Crowd, and Riceberg Ventures. Founders: Siddharth (CEO) has a PhD in Wind Engineering; Manjesh (COO) was a global supply manager at Lucid Motors in California; Manoj (CBO) is an engineer from AYRO Inc., Cruise and Volvo. Manjesh and Manoj continue to hold other full time roles, it appears. Founded in May 2024.

Manufacturer of battery management systems (BMS) and battery energy storage systems (BESS) for EVs and energy storage. BMS' have been traditionally reliant on foreign components and the goal is to build an indigenous system. $2.3M seed round. Supported by T-Works, T-Hub and their AIC program. Founders: CEO Satish, ex-Microsoft and Roche, was the founder of Pascalcase (tools on top of Microsoft's Dynamics 365 ERP); CTO Sonu is also ex-Bosch; CMO Varshith is a former engineer from QuillBot. Founded in Apr 2024.

SpaceTech startup building satellite constellations to deliver accurate, secure, and sovereign Positioning, Navigation, and Timing (PNT) services from Low Earth Orbit, as an alternative to GPS. The company is developing spoofing-proof and jamming-resistant signals, issues faced by existing systems using GPS or GLONASS (the Russian equivalent of GPS). ₹14CR pre-seed round. Founders: CEO Lokesh, CBO Vibhor and CTO Anurag are all IIT Madras and worked together on Avishkar Hyperloop - a 422m long test bed vacuum tube developed by the students of IIT Madras, along with ArcelorMittal, L&T, the Indian Railways and Hindalco. Founded in Jun 2023 as AeroDome Technologies, before renaming to VyomIC in Aug 2025.