Cynlr: Visual Robotics Platform Cynlr Raises $10 Million in Round Led by Pavestone, Athera Venture Partners
Synopsis The funds will be used for expanding the team and supply chain network, as well as advancing hardware and software capabilities to cut costs and improve customer experience. Founded in 2019 by Nikhil Ramaswamy and Gokul NA, the deeptech robotics startup simplifies and eliminates the need for tailored machines to handle objects.
Newspace: Newspace Nets $52 MN Funding for Defence Innovation
SUMMARY The round comprises $33 Mn of equity from marquee investors and $19 Mn debt from SBI’s startup hub and SIDBI Over 40% of the current investment comes from its existing investors In February 2022, the startup raised $21 Mn in its first round and aims to become a unicorn within five years. NewSpace Research […]
Bellatrix: In-Space Propulsion Startup Bellatrix Seals $8 Million Funding Round
Synopsis The funding round saw the participation of StartupXseed, Pavestone Capital, Survam Partners, Karsemven Fund, the Mankind Pharma family office, and other prominent family offices and angel investors, said a statement.
Livnsense: Livnsense Secures USD 2.75 Million in a Pre-Series Led by Pavestone Technology Fund (Pavestone VC)
Bengaluru (Karnataka) [India], January 4: LivNSense™, a pioneering cleantech venture, has secured funding from Pavestone Technology Fund (Pavestone) as part of its USD 2.75 million growth round. Founded by Avnish Kumar, LivNSense™ envisions a Carbon Neutral World and is committed to contributing to a Net Zero Planet. LivNSense’s flagship product (GreenOps™) utilizes AI and Digital […]
E42: AI Platform E42 Gets $5.4 Million From Pavestone Ventures, Others
Synopsis Light Information Systems, creator of the no code-artificial intelligence platform E42, will use the funding from Pavestone Ventures to boost its technology and build its partner ecosystem. New Delhi: Light Information Systems, a platform-as-a-service startup, has raised $5.4 million in a Series A funding round led by Pavestone Ventures to enhance its no-code AI platform […]
Colruyt Group India Commits ₹15 CR Investment in Pavestone Tech Fund
This is Colruyt Group India’s second investment, with the first in pi Ventures in 2023. Colruyt Group India has committed ₹15 crore investment in SEBI-registered AIF Pavestone Technology Fund that is targetting a corpus of ₹900 crore. This is the company’s second investment and the first investment was in pi Ventures in 2023. The company is a […]
Nearly Half of Startups Wooing Vcs Catch Investor Attention at Vccircle’s the Pitch @Hyderabad
The Pitch, a multi-city startup pitching programme run by VCCircle, saw as many as 40 curated ventures make elevator pitch to a set of a dozen-and-a-half venture capital investors in its first chapter held at Hyderabad recently. The programme, now in its second year, seeks to facilitate curated startup discovery for VC investors while allowing […]
VC Firm Pavestone Closes Rs 816 Crore Tech Fund From Sri Fund, Family Office of Mankind Pharma, Others
The fund, which focuses on early growth-stage B2B technology startups, surpassed its initial target of Rs 600 crore corpus. The corpus was increased twice through the greenshoe option to accommodate investor interest. Hyderabad-based venture capital firm Pavestone on Thursday announced the final close of its Pavestone Technology Fund with a total corpus of Rs 816 crore, surpassing […]
Pavestone Closes Pavestone Technology Fund, at INR 816 Cr
Hyderabad, an India-based venture capital firm, Pavestone has completed the final close of its Pavestone Technology Fund, which has raised a total of INR 816 crore. “The fundamental thesis of the fund is that we want to focus on enterprise technology, specifically companies that solve problems for large and public enterprises in the B2B space. […]
Pavestone VC Closes Maiden Fund At INR 816 Cr
SUMMARY The VC firm is looking to invest in about 8-10 early growth stage companies with an average ticket size of $5-10 Mn In June, the tech fund secured INR 15 Cr (around $1.8 Mn) from Colruyt Group India, the engineering arm of Belgian food and grocery retailer Colruyt Group Pavestone VC primarily makes its […]