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MICELIO TECH FUND
Climate-tech startup Newtrace raises $6.3 million from HDFC Bank, Mitsui Sumitomo, Peak XV, othersNewtrace, a climate-tech startup developing advanced electrodes for electrolysers, has raised $6.3 million from HDFC Bank, Mitsui Sumitomo ...- Indian AI innovations make their markAt the India AI Impact Summit 2026, Indian deeptech startups showcased innovations beyond services, from electric air taxis to autonomous d...
- Climate-tech funding dips as VCs look for exportable solutionsVenture funds told ET that instead of focussing on EV mobility, which has already seen substantial private investment, focus is shifting to...
- EV tractor startup Moonrider raises $6 million from Pi Ventures, Singularity AMCFounded in 2023, Moonrider develops electric tractors aimed at reducing operating costs for farmers and fleet operators. Moonrider claims i...
- ETtech Deals Digest: Startups raise $142.7 million this week, up 8.5% on-yearStartups across seed, early and late stages raised the funds through 14 deals, compared to 64 in the year-ago period. Top deals across the ...
- Price wars hurt payment firms; CG Power’s fab play faltersHappy Friday! Payment aggregators are slashing fees to stay in the game. This and more in today’s ETtech Morning Dispatch.
- Quick commerce trade-off; Google still wants engineersQuick commerce is gaining popularity at the expense of sales in other retail channels. This and more in today’s ETtech Top 5.
- Cleantech asset financier StrideGreen raises $3.5 million from Micelio Tech Fund, Incubate Fund AsiaAccording to the business-to-business (B2B) firm, its proprietary technology enables real-time data analytics, alerts, and operational insi...
- 2023 Year in Review: How money followed deeptech companies at tech’s frontierDeeptech is a term for businesses using advanced science and technology to find solutions for complicated problems across over a dozen sect...
- Climate-tech startup Newtrace raises $5.6 million in funding from Sequoia, othersThe company said in a statement that it will use the money to drive the expansion of Newtrace’s electrolyser manufacturing and deployment c...
- Speciale Invest launches Rs 200 crore growth fund for follow-on investmentsThe new fund, approved by Sebi, will have an initial investment of Rs 100 crore and a final corpus of Rs 200 crore. It will invest in ‘winn...
- Speciale Invest hires Avaana Capital’s Vishnu Rajeev as an investment principalThe appointment of Vishnu strengthens Speciale Invest's investment team, bringing in a wealth of experience and expertise in the investment...
- Amazon to cut over 18,000 jobs; consumers in no hurry for quicker grocery deliveriesEcommerce giant Amazon has resorted to another round of mass layoffs in a bid to cut costs. CEO Andy Jassy, in a statement to staff, said t...
- Flying taxi startup ePlane looks to initiate certification with $5 million fundraiseThe company has tested a scaled-down prototype and expects to have its first cargo plane ready as early as February 2023. A passenger versi...
- MeitY preparing cabinet note on Data Bill; online food delivery spikes againIndia’s data protection bill, which has been in the works for years, could be introduced in the upcoming budget session of Parliament. Rest...
- Take-Two to buy Zynga for $12.7B; Goyal wants 75 unicorns in 2022Take-Two interactive, the maker of the Grand Theft Auto series of video games, is set to buy Zynga, the company that created Farmville, for...
- The ePlane Company raises $5 million funding from Speciale Invest, Micelio, othersThe fresh lease of funds would help bolster the hiring of top-tier talent, advance R&D and continue to gain airworthiness provision and ini...
- EV charging platform ElectricPe gets $3 million in seed fundingElectricPe, which operates an app for users to identify and access EV charging points across India, plans to use the funding to develop its...
- A Bengaluru venture wants to replicate UPI's success in mobility, ecommThe initial hypothesis of the foundation was around fixing urban mobility. At its core, it felt interoperability across mobility platforms ...
- Niche funds helping Startups to jump startTheme-based funds with early-stage focus hoping to act as feeder funds for larger VCs
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