• BluJ Aero

  Participated · Seed · Jun 2023

  BluJ Aerospace is developing long-range vertical take-off and landing (VTOL) aircraft powered by sustainable energy sources. Its first commercial product target is a fully autonomous cargo e-VTOL aircraft designed for heavy payloads and long-range missions. The company aims to achieve cost-efficiency and sustainability through vertical integration across key technologies. The US$2.25M seed round led by Endiya Partners and Ideaspring Capital, with participation from Rainmatter Foundation, will fund team growth, facilities, product development, certification, and market entry. BluJ was founded in May 2022 by CEO Maruthi Amardeep Sri Vatsavaya and CTO Utham Kumar Dharmapuri. The core team brings over 100 years of combined domain expertise with members from Boeing, GE, ISRO, Siemens, and Collins Aerospace.

• Ossus Biorenewables

  Led · Series A · Apr 2023

  Ossus Biorenewables develops the OB HydraCel, an AI-powered intelligent bioreactor that extracts carbon from industrial wastewater and produces green hydrogen gas on-site. The company uses microorganisms sourced from effluents as catalysts and employs waste carbon from industrial effluents as feedstock. Ossus says it is currently producing and supplying hydrogen at less than a dollar per kilogram using wastewater. The recently raised $2.4M pre-Series A will be used to accelerate deployment of HydraCel across industries such as refining, foods, brewing, chemicals, and pharmaceuticals. Ossus aims to produce 3–5 tons of green hydrogen per day by the end of this year. The team plans to scale manufacturing of HydraCel, build enhanced bio-capability with state-of-the-art instrumentation, and expand across South Asia, Europe, and the US.

No current team members are available.