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Tag: Rainmatter

  • Deep-Tech Startup AquaAirX Raises Rs 12.5 Cr in Seed Funding Led by Rainmatter

    Deep-Tech Startup AquaAirX Raises Rs 12.5 Cr in Seed Funding Led by Rainmatter

    Bengaluru-based deep-tech startup AquaAirX has raised ₹12.5 crore in a seed funding round led by Rainmatter, the investment arm of Zerodha.

    The round also saw participation from Prime Venture Partners, Wyser, and India Accelerator.

    The fresh capital will be used to strengthen AquaAirX’s core technology stack, with a focus on improving system autonomy, air-to-water transition reliability, sensing, and communication capabilities.

    The startup also plans to expand its engineering and research teams across robotics, autonomy, controls, and embedded systems.

    Founded by Gouthami T S and Jitendra Kumar Purnmal Saini, AquaAirX is building autonomous amphibious platforms that can operate seamlessly across air and underwater environments.

    The company’s technology is aimed at addressing intelligence, surveillance, and reconnaissance needs by eliminating the reliance on separate aerial and underwater systems.

    https://app.ceotrail.com/sharrp-ventures-leads-rs-40-cr-series-a-investment-in-cava-athleisure/

    Alongside its amphibious drone platform, AquaAirX is also developing a Hovering Autonomous Underwater Vehicle (HAUV) designed for precise underwater inspection, monitoring, and intervention. These systems are targeted at defence applications as well as high-value commercial use cases such as offshore energy and critical infrastructure monitoring.

    Over the past year, the startup claims to have reached Technology Readiness Level 6 for its flagship platform. AquaAirX has also been selected for the Israel Aerospace Industries NeuSPHERE program and has achieved multiple milestones under India’s iDEX initiative.

  • Biopeak Raises $2.7 Mn in Follow-on Round Led by Nikhil Kamath’s NKSquared

    Biopeak Raises $2.7 Mn in Follow-on Round Led by Nikhil Kamath’s NKSquared

    Bengaluru-based health-tech and longevity startup Biopeak has raised $2.7 million in a follow-on funding round led by NKSquared, the investment firm of Zerodha cofounder Nikhil Kamath.

    This marks Kamath’s second bet on the company, after his earlier $1.43 million investment in August 2024.

    The fresh capital will be used to expand Biopeak’s clinical footprint, including the launch of a new clinic, while also strengthening its diagnostics stack, proprietary AI tools, research efforts, and clinical programmes, the company said in a statement.

    Founded by Rishi Pardal (CEO) and Shiva Subramanian (CIO) in 2024, Biopeak operates at the intersection of AI, advanced diagnostics, and preventive healthcare, with a sharp focus on healthspan optimisation, helping people stay healthier and high-performing for longer, rather than just treating illness.

    Biopeak follows what it calls a “family health office” model, offering deeply personalized longevity plans built on AI-driven molecular diagnostics, imaging, and expert-led interventions.

    Its platform integrates data from organic acid profiling, microbiome mapping, whole-exome functional genomics, salivary cortisol rhythms, and imaging tools such as MRI, CT, DXA, and ECHO. These insights are then translated into actionable recommendations around nutrition, sleep, stress, and performance through its in-house clinics.

    https://app.ceotrail.com/agrani-labs-raises-8-mn-in-seed-round-led-by-peak-xv/

    The startup primarily targets high achievers, CXOs, and women navigating key health transitions, combining wearable data, specialist teams, and AI insights tailored specifically to Indian biology and disease patterns. The emphasis is on early risk detection, longitudinal tracking, and proactive interventions to improve resilience and long-term performance.

    Over the past year, Biopeak has seen growing demand for structured longevity services. It opened its first clinic in Bengaluru last year and is set to launch a second clinic in the city in the coming month.

    As of January 2026, Biopeak has raised approximately $11 million in total funding. Alongside NKSquared, its investor roster includes Prashanth Prakash (Accel India), Dr. Ranjan Pai (Claypond Capital), and Rainmatter, Zerodha’s investment arm. The company also works with Austria’s Modern Mayr Medicine, blending decades-old preventive health practices with modern AI-led care.

  • Zerocircle raises Rs 5 cr in pre-Series A funding led by 3one4 Capital and Rainmatter 

    Zerocircle raises Rs 5 cr in pre-Series A funding led by 3one4 Capital and Rainmatter 

    Zerocircle, a materials science and cleantech startup focused on plastic-free packaging, has raised ₹5 crore in a Pre-Series A funding round co-led by 3one4 Capital and Rainmatter Capital, with participation from other investors.

    This brings the company’s total funding to ₹25 crore ($3 million+) till date.

    The fresh capital will be used to support Zerocircle’s deeptech research and scale-up efforts aimed at replacing plastic in food and consumer packaging using natural polymers and compounds.

    The company plans to accelerate commercial deployments across high-volume packaging categories.

    Founded in 2020 by Neha Jain, Zerocircle develops seaweed-based materials designed to replace petrochemical plastics. Its product portfolio includes barrier coatings and coated paper solutions used in foodservice packaging such as hamburger boxes, bakery trays, food wraps, beverage cups, and grease-resistant paper products.

    Over the past year, Zerocircle has replaced nearly 1.6 million plastic food containers across India, the Netherlands, and the Benelux region. The startup works with distributors, converters, and foodservice partners to deploy plastic-free alternatives in large-scale applications and is preparing to launch new barrier coatings, including water-resistant and heat-sealable solutions for hospitality and food packaging.

    https://app.ceotrail.com/sports-tech-startup-stepout-raises-1-5-mn-in-pre-series-a-round/

    Zerocircle is scaling its presence in markets where regulatory pressure and demand for plastic-free packaging are increasing, including Europe, the UK, Oceania, and India. In early 2026, the company became the only materials firm in Asia to be certified as 100% plastic-free under the European Union’s Single-Use Plastics Directive.

    Headquartered in Gurugram with R&D operations in Pune, Zerocircle aims to reach a production capacity of over 3,000 tonnes annually by 2028 and continues to work on expanding partnerships across food delivery, QSR, and consumer packaging segments.

  • Sports-tech startup StepOut raises $1.5 mn in Pre-Series A round 

    Sports-tech startup StepOut raises $1.5 mn in Pre-Series A round 

    StepOut, an AI-driven football intelligence startup, has raised $1.5 million in a Pre-Series A funding round led by Rainmatter, with participation from SucSEED Innovation Fund and Misfits Capital.

    The round follows StepOut’s recognition by Real Madrid and other international football organisations.

    The funding will be used to expand StepOut’s global footprint, enhance its AI and computer vision capabilities, and introduce new features for player development and match analysis.

    The company also plans to extend its platform beyond youth and professional football to amateur leagues and other sports.

    Founded by NIT Durgapur alumni Jeet Karmakar and Sayak Ghosh, who connected over a shared passion for sports and technology during their engineering years, StepOut has steadily built strong global credibility within the football ecosystem.

    Since its inception, StepOut has tracked over 150,000 players across 25,000 matches and now serves more than 120 clubs, academies, and federations in 23 countries. Its platform includes AI-powered performance analysis, automated highlights, video breakdowns, and real-time coach–player feedback.

    https://app.ceotrail.com/raana-semiconductors-raises-3-mn-in-seed-round/

    StepOut partners with clubs including AFC Ajax, Rayo Vallecano, Bengaluru FC, and federations such as the All India Football Federation, and is running pilot projects with elite clubs like Real Madrid and Chelsea.

    Commenting on the investment, Abhinav Singh Negi from the Rainmatter team said: 
    “From the very beginning, we believed StepOut was solving a real and deeply under-served problem in grassroots and youth sports. Over the last year, the team has demonstrated strong execution, product depth, and clear global relevance. Their ability to combine cutting-edge technology with a deep understanding of the game truly sets them apart. We are excited to continue backing Jeet, Sayak, and the team as they scale StepOut globally.”

    The startup’s mission is to democratise football analytics and performance intelligence, helping players and teams make data-driven decisions across all levels of the sport.

  • Rainmatter backs Naxatra Labs with $3 Mn pre-Series A funding 

    Rainmatter backs Naxatra Labs with $3 Mn pre-Series A funding 

    Ahmedabad-based deeptech company Naxatra Labs has secured $3 million in a pre-Series A funding round led by Rainmatter, with participation from prominent founders, operators, and angel investors across India’s startup ecosystem.

    The capital infusion will be deployed to expand Naxatra’s motor product portfolio, deepen R&D capabilities, and scale manufacturing operations.

    The company plans to ramp up production capacity to 50,000 electric motors per month, while also strengthening its engineering, manufacturing, and operations teams.

    Founded in 2021 by Abhilash Maurya, Arnav Biswas, and Piyush Verma, Naxatra Labs focuses on the indigenous design and manufacturing of high-efficiency electric motors. Headquartered in Ahmedabad, the startup builds motors end-to-end, covering electromagnetic design, validation, and in-house manufacturing to reduce dependence on imported components.

    Over the past 4 years, the company has transitioned multiple products from lab-stage research to commercial deployment. Its motors built using axial flux and radial flux technologies are used across electric two-wheelers, three-wheelers, and industrial applications, offering improved efficiency and reduced weight compared to conventional alternatives.

    https://app.ceotrail.com/fintech-startup-prosperr-io-raises-4-million-in-seed-funding/

    Naxatra Labs currently works with several domestic customers and also serves export markets, positioning itself within India’s broader push toward energy transition and advanced manufacturing.

    Alongside EV traction motors, the company’s technology is being applied in industrial equipment, agriculture machinery, drones, and power tools, supporting its ambition to establish India as a global hub for electric drivetrain innovation.

    Previously, the startup raised an undisclosed amount in a seed round co-led by GVFL, with participation from Delhivery founder Mohit Tandon and Aspiring Minds founder Himanshu Aggarwal.

  • Praan Health Raises ₹8.5 Crore in Seed Funding Led by Rainmatter Investments

    Praan Health Raises ₹8.5 Crore in Seed Funding Led by Rainmatter Investments

    Bengaluru-based healthtech startup Praan Health has raised ₹8.5 crore in a seed funding round led by Rainmatter Investments, with participation from WEH Ventures and angel investors including Alakh Pandey and Prateek Maheshwari (PhysicsWallah), and Arjun Vaidya, among others.

    The funds will be used to strengthen product and technology capabilities, expand clinical and coaching teams, and scale service delivery across India.

    Founded in 2024 by Navneeth Ramprasad, Praan Health operates as a lifestyle-first chronic care platform for parents aged 50 and above. The company focuses on helping older adults manage and reverse chronic conditions by building sustainable health habits instead of depending on hospital-based care.

    Praan integrates physician-led care, clinical nutrition, and one-on-one strength training to deliver personalised 90, 180, and 365-day programmes covering more than 25 chronic conditions, including diabetes, hypertension, arthritis, osteoporosis, and post-surgery recovery.

    https://app.ceotrail.com/spacewood-furnishers-raises-300-crore-from-a91-partners/

    The startup recently launched its mobile app, enabling young adults to manage their parents’ health journeys through a single platform. Users can upload blood test reports, access risk scores, track weekly progress, and book doctor consultations.

    According to the company, Praan Health has so far delivered over 40,000 physician-approved strength and conditioning sessions, conducted 10,000 one-on-one clinical consultations, and helped transform the health of 1,500 families through its personalized care approach.

  • Amwoodo Raises $4M Pre-Series A Round Led by Rainmatter

    Amwoodo Raises $4M Pre-Series A Round Led by Rainmatter

    Sustainable solutions startup Amwoodo has raised $4 million in a pre-Series A round led by existing investor Rainmatter, with participation from Adventz Group, Thinkuvate, and Caspian. This brings the company’s total funding to $5 million, including a $1 million seed round previously backed by Rainmatter.

    The fresh capital will be used to scale production capacity, strengthen its direct-to-consumer (D2C) marketplace Ecoconscious, and launch new plastic-alternative brands to meet growing demand in domestic and international markets.

    Founded in 2019 by Sourav Dey, Agni Mitra, and Avijit Rajak, Amwoodo is building a sustainability-driven ecosystem through bamboo-based substitutes for single-use plastics. Its portfolio spans personal care, hospitality products, bamboo polymer composites, veneers, framing systems, and décor items, sold under the brands imeco, Shaveco, and Dencrus.

    Amwoodo has forged B2B partnerships with enterprises such as Himalaya Wellness Company, Bombay Shaving Company, and ITC Hotels, bolstering credibility while enhancing its consumer-focused play via Ecoconscious.

    Also Read | VyomIC Raises $1.6M Pre-Seed Funding Led by Speciale Invest

    The startup operates in the rapidly growing sustainability and green packaging market, where consumers are increasingly favoring biodegradable, compostable, and recyclable products. Other players like Bambrew, Beco, and PeelOn are also innovating in this space, supported by investors keen to capture the eco-friendly alternatives market.

    With this funding, Amwoodo plans to expand its brand portfolio, increase manufacturing capabilities, and strengthen its position as a leading bamboo-based sustainability player, catering to both B2C and B2B markets in India and abroad.

  • Lo! Foods Raises $3.5 Mn in Series B Round Led by Rainmatter Health and Capital Code

    Lo! Foods Raises $3.5 Mn in Series B Round Led by Rainmatter Health and Capital Code

    Bengaluru-based functional food startup Lo! Foods has secured $3.5 million in a Series B funding round led by Rainmatter Health (Zerodha’s health initiative) and Singapore-based Capital Code.

    The round also saw participation from Mount Judy Ventures, Ice.VC, KPB Ventures, and existing investors.

    The funding will be deployed to strengthen the company’s warehousing infrastructure, scale backend technology, launch offline pilots in Bengaluru, and invest in brand-building for its high-growth vertical, Protein Chef.

    Founded by Sudarshan Gangrade in 2018, Lo! Foods operates across four major health-focused segments—Protein Chef (protein enrichment), Keto Smart (weight loss), DiabeSmart (diabetes management), and GlutenSmart (gluten intolerance). The startup is positioned at the intersection of nutrition and convenience, targeting India’s growing demand for functional food solutions.

    Also Read | Zeus Hygia Raises $2.5 Mn Series A Round from NABVENTURES

    Protein Chef has emerged as Lo! Foods’ fastest-growing brand, contributing significantly to its near-Rs 100 crore ARR. The company attributes much of this growth to strategic presence on quick commerce platforms like Blinkit, Zepto, and Swiggy Instamart, which now account for nearly 65% of total sales. 

    Looking ahead, Lo! Foods plans to introduce new product lines and rebrand DiabeSmart to Sugar Smart, aiming for clearer consumer communication and stronger market positioning in the diabetic-friendly food segment.