Led · Seed · Apr 2026

Serenity Power is developing solid oxide fuel cell technology aimed at remote power applications. The company operates between Calgary and Toronto. It recently completed a C$1.16M pre-seed financing led by Avatar Ventures that was reportedly oversubscribed. Investors named in the round include Antimo, RPV, Front Row Ventures, The Firehood, Rep Matters and an undisclosed Toronto-based climate tech VC. The funds are intended to advance Serenity Power’s technology development and to scale the team. The article did not disclose revenue, user metrics, founding year, or valuation.

Led · Series B · Apr 2026

Founded by Kaushik Mudda and Navin Jain and described as a decade-old company, Ethereal Machines builds proprietary multi-axis CNC machines that produce precision engineering components at faster and more cost-effective rates. The Bengaluru-based startup sells its machines and components to precision engineering customers and has been expanding financing—most recently via its Series B. Financially, the company reported operating revenue of Rs 11.45 crore and a loss of Rs 27.27 crore for the fiscal year ended March 2025. Its Series B values the business at about Rs 1,470 crore and involved both new and existing investors, increasing institutional ownership stakes. The company previously raised a $13 million Series A and has been active in pursuing further growth capital.

Led · Series B · Oct 2025

Founded in 2016 by Anup Patil, Neil Unadkat, Jayshri Patil, and Aman Singh, Intangles delivers a predictive, real-time operational platform that combines applied physics, AI, and IoT to monitor vehicle health. The system analyzes data from connected vehicles to offer repair strategies and operational recommendations, enabling fleets to shift from reactive maintenance to proactive decision-making. Intangles’ platform currently manages more than 400,000 vehicles across North America, Europe, Southeast Asia, and the Middle East. According to the company, customers can save up to $10,000 per vehicle annually, benefit from improved fuel efficiency, and reduce emissions. Clients include major original equipment manufacturers and large enterprise fleets. With its latest funding, the company plans to scale its technology stack, further strengthen its predictive AI models, expand into additional geographies, and grow its team.

Led · Series C · Jul 2025

SAFE builds an Agentic AI‑native Cyber Risk Singularity platform that delivers autonomous cyber risk management across CRQ, TPRM, and CTEM. The company positions its platform as transparent and context‑aware versus traditional black‑box approaches, and it recently unveiled a fully autonomous CTEM solution powered by dozens of autonomous AI agents. SAFE says it redefined CRQ and was the first to deliver fully autonomous TPRM; since launching TPRM in 2024, over 50% of its customers have adopted that module. Forrester named SAFE the leader in its Cyber Risk Quantification Solutions Wave of Q2 2025. SAFE reports consistent 120%+ year‑over‑year growth since launching its platform in 2020 and triple‑digit revenue growth for three consecutive years. The company counts Google, Fidelity, T‑Mobile, Chevron, and IHG among customers and has raised more than $170 million to date. Safe Security offers an AI-based cyber risk management SaaS platform that provides an aggregated view of enterprise cyber risk. The platform gives cybersecurity teams visibility across their entire attack surface, technology, people, and third parties, enabling organizations to take a predictive posture on likely cyber risk scenarios. Using predictive AI-driven data models co-developed with MIT, Safe Security helps customers prioritize cyber investments to mitigate risk. Led by CEO Saket Modi, the company intends to use the new funding to expand operations and broaden its business reach. Financially, Safe Security raised $50M in a Series B that brought total capital raised to over $100M. The company is based in Palo Alto, California. Safe Security, founded in 2012, provides the SAFE security assessment framework to help organizations measure and mitigate enterprise-wide cyber risk. The SAFE platform estimates the likelihood of major cyberattacks, calculates a financial cost for customer risks, and delivers actionable remediation guidance. Its service is used by companies including Facebook, Softbank and Xiaomi. The company secured a $33M investment from U.K. telco BT, bringing total capital raised to $49.2M. As part of the deal BT will combine SAFE with its managed security services, gain exclusive rights to use and sell SAFE to U.K. businesses and public-sector bodies, and collaborate on future product development. Safe Security plans to double its engineering team by the end of the year.

Led · Series A · Jul 2025

QpiAI develops full-stack quantum computers and specialized software that combine AI and quantum computing to tackle optimization, simulation, material discovery and drug-synthesis use cases across manufacturing, transportation, finance, pharma and materials. The company says it launched QpiAI-Indus in April, a 25-superconducting-qubit system, and plans a 64-qubit machine in November with customer availability targeted in the second or third quarter of next year. QpiAI assembles roughly 80% of its machines in-house and plans to begin local manufacturing in 2026 while targeting a 100-logical-qubit system by 2030. The Bengaluru-headquartered startup, founded in 2019, has subsidiaries in the U.S. and Finland, employs about 100 people (including 25 PhDs) and reports roughly 20 customers in India and the U.S., including the Indian government. Financially, QpiAI says it has been profitable at the EBITDA level for the past three years, with approximately 60% gross margins and 20%–30% net margins. With the new funding it plans market expansion into Singapore and the Middle East and to scale operations and local manufacturing. QpiAI positions itself as a leader in quantum computing and generative AI, vertically integrating quantum hardware and AI software to serve industries including manufacturing, transportation, finance, pharma and materials. The company has commercialized seven software platforms—QpiAI-pro, QpiAI-explorer, QpiAI-logistics, QpiAIopt, QpiAIML, QpiAI-pharma and QpiAI-Matter—and reports traction with large enterprise customers. QpiAI is headquartered in Bangalore and maintains subsidiaries in the US and Finland while working with enterprises and governments across the US, Europe, Japan, the Middle East and Southeast Asia. With the new funding, the company plans to demonstrate a 25-qubit quantum computer at its Bangalore HQ by Q4 CY2024/Q1 CY2025 and to scale QPU counts toward 1,000 qubits. It intends to build Quantum-HPC datacenters, offer QCaaS (Quantum Compute as a Service), and deploy advanced compute infrastructure to accelerate generative AI and quantum software innovations across multiple verticals.