Chakra Growth Fund
13987 Pike Road, Saratoga, CA, 95070, United States
Overview
Chakra Growth Fund is a alternative investment manager specializing in decarbonizing the energy, transportation, and electrification sectors through automation.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 2
- Active investors
- 0
Sector focus
- Venture Capital
Investment portfolio
- Spintly
Participated · Series A · Feb 2026
Spintly develops a hardware-enabled, software-controlled access management platform that eliminates the need for traditional wiring by using its proprietary Bluetooth Low Energy (BLE) mesh networking technology. The system lets enterprises quickly retrofit or install door controllers, badges, and readers while maintaining secure local log storage during power outages. Spintly is layering AI-driven analytics onto existing camera infrastructure to enhance security insights for its customers. The company targets enterprise clients that operate large commercial buildings and multi-site facilities across India, the Middle East & Africa, and the United States. Founded by Rohin Parkar, Spintly combines wireless hardware devices with cloud software for centralized management. Financially, the company has secured an $8 million Series A round and previously closed a ₹3.5 crore extended seed round in January last year along with an earlier $5.36 million seed raise. The fresh capital will be used for product development, global expansion, and strengthening its AI capabilities.
- Vimag Labs
Participated · Series A · Jan 2026
Vimag Labs is an electric motor and power-electronics company focused on commercialising its patented magnet-free “Virtual Magnet” motor platform. Enabled by advanced power electronics and proprietary control algorithms, the design eliminates rare-earth magnets, promising lower cost, greater supply-chain resilience and improved environmental sustainability. The firm targets applications across automotive, defence and industrial markets and operates globally under its Volektra brand, with teams in India, Germany, the United States and Poland. Newly raised capital will be channelled into scaling engineering and manufacturing capabilities and accelerating go-to-market efforts. Founded by Manish Seth and Dr. Piyush Desai, the company positions its technology as a fundamental shift in electrification at scale. To date, Vimag Labs has secured $5 million in external funding through its Series A round, underscoring early investor confidence in its proprietary motor architecture.
Team
No current team members are available.