• HYLENR

  Led · Series A · Aug 2025

  HYLENR commercializes patented Low‑Energy Nuclear Reactions (LENR) to generate scalable, carbon‑free thermal (and electrical) energy. Its product pipeline spans units from 7.2 kW for domestic use up to 1 MW for large industrial applications. The company reports laboratory results showing unprecedented energy gain ratios and has begun early proof‑of‑concept tests with several government bodies and large corporations. HYLENR says the technology offers strong safety and scalability profiles and is moving beyond proof‑of‑concept toward market deployment. Current financing is being used to transition from pilot projects to a full market launch and to accelerate product development. The company is targeting expansion into the US, Europe, India and Japan and plans a larger $25 million raise to broaden R&D and international partnerships.

• BluSmart Mobility

  Participated · Series A · Sep 2020

  BluSmart is an Indian electric-vehicle ride-hailing company. It provides ride-hailing services using electric vehicles. The company closed a pre-Series B round raising $24 million. Investors named in the round include the MS Dhoni Family Office and responsAbility. The funds are intended to expand BluSmart's footprint in India. No other financial details or operating metrics were disclosed in the article. BluSmart is an Indian electric ride-hailing startup that provides ride-hailing services using electric vehicles. The company operates in India and focuses on EV-based transportation. The article reports BluSmart has raised $42 million in funding. The financing was provided through a combination of equity and debt. The round was led by the company’s founders and leadership team. The article does not disclose operating metrics, revenue, or future plans. BLU Smart Mobility operates an all-electric taxi-hailing platform serving customers across Delhi NCR and at Indira Gandhi International Airport terminals. The company has added long-range EVs and launched an all-electric inter-city service between Delhi NCR and Jaipur and Chandigarh. It plans to scale its fleet to over 5,000 BluSmart electric vehicles and expand a network of EV Superhubs across the Delhi NCR. BluSmart says it has scaled 25-fold since launch and emphasizes creating economic opportunities for driver-partners without asset ownership. To support growth it has secured equity, venture debt, and substantial EV asset financing, which it intends to deploy for fleet and hub expansion. BluSmart operates an app-based, all-electric ride-hailing service using electric sedan cabs across Delhi‑NCR. The company shares trip details and the carbon emissions saved with passengers after every ride. BluSmart has completed over one million all-electric trips, logged more than 35 million clean kilometres, and has over 350,000 app downloads in the region. To scale its fleet and increase EV adoption in Delhi‑NCR, BluSmart is procuring additional vehicles financed through a loan. The company has raised institutional capital previously, including a $25 million Series A in October 2021 and a pre-Series A in 2020. The new financing is intended to accelerate fleet expansion and emissions reductions in the national capital region. BluSmart operates an integrated electric-vehicle ride-hailing and charging service with a fleet of electric cabs and a large network of fast chargers across Delhi NCR. The company leases vehicles to drivers and handles vehicle maintenance to reduce driver financial and operational burdens. Its app shows operational safety details such as the last sanitisation time for each car and driver vaccination status. BluSmart has completed over 500,000 electric trips, covered more than 16 million clean kilometres, and recorded over 250,000 app downloads. The company plans to use new funding to expand its fleet and charging stations from Delhi to five additional Indian cities over the next two years. The business is led by Anmol Singh Jaggi.

No current team members are available.