Led · Series A · Jun 2026

Dream Aerospace, founded by Hari Krishnan KJ, builds eco-friendly propulsion systems for the small-satellite market, including the ATOM Thruster Series and the CUBEHOOD Propulsion Module. The company has secured support from ISRO via an active MoU. It plans a first in-orbit demonstration mission in 2026 and is expanding production and testing facilities at IIT Kanpur. Financially, Dream Aerospace recently closed a Rs 10 crore Pre-Series A round led by 247VC and Campus Angels Network. The funding is earmarked to advance its propulsion product development and scale manufacturing and test capabilities.

Participated · Equity · Jun 2026

Biodimension develops biofabricated human tissue and organoid models and offers a portfolio including BioDEpi, BioDFT, BioDPigma, a Pan-Cancer Tumour Microenvironment Biobank, and a Bioassay-as-a-Service (BaaS) platform for research, safety assessment, and drug discovery. The company works with pharmaceutical firms, biotech companies, research institutions, and contract research organizations, and has collaborations across India and Singapore. Biodimension plans to expand its oncology research offerings, scale its BaaS platform, and enter additional international markets such as Southeast Asia. The recent Rs 8 crore funding led by IAN Angel Fund will be used to accelerate product development, expand lab infrastructure, and strengthen scientific and commercial teams to support commercialization domestically and overseas. The company was founded by Manojkumar S., Ranjith Kumar Velusamy, and Pradeep Arunachalam and is based in Bengaluru.

Led · Seed · Jan 2026

RenewCred is a climate-tech startup focused on overhauling carbon markets by launching a fully digital, science-driven carbon credit standard and registry for India. The platform connects continuous data streams with scientific models and automated compliance checks, cutting verification timelines by about 75 % and slashing transaction costs by more than 50 % compared with legacy systems. By addressing key pain points—lack of trust, opaque data, slow verification, high costs, and fragmented accountability—the company seeks to unlock credible, technology-enabled infrastructure for emissions trading. RenewCred’s mission is to remove two gigatons of greenhouse-gas emissions from the atmosphere within the next 14 years. Its technology is designed to comply with India’s Carbon Credit Trading Scheme, where each credit represents one tonne of CO₂ equivalent reduced or removed. The recent seed round provides capital to accelerate product development, expand scientific integrations and onboard industry participants to its registry.

Participated · Equity · Sep 2025

Welkinrim is a deep-tech startup incubated at the IIT Madras Incubation Cell that builds advanced propulsion subsystems—specifically high-thrust-density motors and intelligent electronic speed controllers (ESCs)—for drone OEMs in defence, surveillance, agriculture, and logistics. Its products aim to deliver higher performance, reliability, and efficiency, addressing a critical gap in India’s UAV supply chain while targeting global demand. With the freshly raised ₹4.76 crore, the company plans to expand in-house manufacturing, invest in advanced testing infrastructure, and accelerate product validation with leading drone makers. Funds will also bolster R&D, grow the core engineering team, and help build intellectual property around proprietary control algorithms. By moving from prototyping to scaled deployments, Welkinrim seeks to become the preferred OEM partner for drone propulsion solutions. No revenue or user metrics were disclosed, but the company positions itself as a key enabler of the rapidly expanding drone ecosystem.

Led · Equity · Jul 2024

CeraTattva InnoTech specializes in proprietary preceramic precursors, polymers and ceramic products and solutions for high‑performance applications across space, defence, energy and automotive sectors. The company is incubated at the IIT Madras Incubation Cell. Its core offerings focus on transforming polymers into ceramics for high‑temperature and specialized use cases. The recent fundraising will support building a pilot production facility and product upgrades. Management plans to use proceeds for market expansion and hiring to scale operations. The company positions itself as a new‑age materials tech startup and manufacturer pursuing commercialization of its material solutions.