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The Venture Codex

Seafund

305, 3rd Floor, 5, Vittal Mallya Rd, Shanthala Nagar, Ashok Nagar, Bengaluru, Karnataka, 560001, India

Overview

SeaFund is a Bangalore, India-based investment firm focused on backing DeepTech startups. It invested Rs 5 crore across five companies in a single deployment. The backed companies are RedWings (fully autonomous drones for logistics), Docker Vision (computer imaging and AI for container mobility and realtime condition assessment), Swapp Design (interoperable modular architecture for fast battery swapping using autonomous robots), Simatricals (autonomous EV wireless charging with auto alignment), and Evhicle (vehicle control units providing EV intelligence, telemetry and OTA updates). In addition to capital, the portfolio companies will receive market access and acceleration programs over the next few months. No operating metrics or additional financial terms were disclosed in the article.

Total raised
$1M
Funding rounds
1
Latest round
Equity
Latest activity
Nov 2023

Industries

  • Artificial Intelligence (AI)
  • Autonomous Vehicles
  • Computer Vision
  • Drone Management
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Recent funding

  1. Equity

    Nov 2023

    $1M

Team

  • Mayuresh Raut

    Co-Founder and Managing Partner

  • Manoj Kumar Agarwal

    Co-Founder & Managing Partner

    LinkedIn
  • Narendra Bhandari

    general partner

    LinkedIn