Sedemac Mechatronics is an India-based deep tech enterprise startup. The company has raised $100 million in a fresh funding round led by Xponentia Capital Partners, A91 Partners and 360 ONE Asset. The transaction marks a full exit for Nexus Venture Partners, which was Sedemac's first institutional investor. Nexus Venture Partners has previously backed prominent unicorns in India. The article does not disclose product details, operating metrics, or the specific instruments used in the financing. Coverage of the raise appeared in DealStreetAsia. SEDEMAC Mechatronics is an IIT Bombay–incubated startup that builds electronic control modules to improve fuel efficiency and cut emissions for small engines. Its model-based technologies can lower unit vehicle cost by up to 33% while improving fuel efficiency with reduced hardware and development time and costs. The company is working with leading two-wheeler firms in India and with global renewable energy companies. The recent investment from Nexus India Capital is intended to help SEDEMAC roll out energy-efficient, low-emission products for small engines. SEDEMAC was founded by Prof. Shashikanth Suryanarayanan of IIT Bombay, who earned his PhD at the University of California, Berkeley, and was incubated at SINE, IIT Bombay. The article does not disclose revenue or other financial metrics.

Total raised

$100M

Funding rounds

2

Latest round

Equity

Latest activity

May 2024