Funding & M&A

Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.

Startup: Tattvam AI

Sector: DeepTech

Amount: US$1.7 Million

Led by: Seedcamp

Tattvam AI, a deeptech startup building AI systems to automate semiconductor chip design, announced it has raised US$1.7 million in pre-seed funding led by Seedcamp, with participation from EWOR, Entropy Industrial Ventures, Concept Ventures, semiconductor angel Stan Boland.

“Chip design is fundamentally a reasoning problem over an enormous search space, not unlike the kind of reasoning that’s needed to solve hard problems in mathematics. Current AI tools, even the most advanced LLMs, struggle with the deep structural understanding that chip design demands. We’re building a reasoning model that actually understands circuits from first principles – the constraints, the tradeoffs, the interdependencies – the same way a world-class engineer would, and doing it in a fraction of the time.” – Bragadeesh Suresh Babu, CEO and Co-founder, Tattvam AI.

Startup: ZeroMobIt

Sector: Mobility

Amount: INR 1.5 Crore

Led by: Sandeep Varaganti (CEO, JioMart), Dr. Ashok Agrawal (SVP, Axis Bank) &HNIs

ZeroMobIt, a Hyderabad-based student mobility startup, raised INR 1.5 Crore in a pre-seed funding round, led by prominent angel investors like Sandeep Varaganti (CEO, JioMart), Dr. Ashok Agrawal (SVP, Axis Bank), and HNIs. The funding will enable the startup to accelerate its AI-native technology development, operational expansion and infrastructure roadmap, advancing the firm in its long-term infrastructure vision.

Vijay Ganagam, CEO and Co-Founder of ZeroMobIt, shared his inputs following the funding round, saying, “Student mobility has remained structurally unchanged for decades. We are building an AI-native, compliance-first infrastructure layer that aligns safety, scalability, and ecosystem trust. This funding allows us to accelerate toward building infrastructure that cities and institutions can rely on.”

Startup: optoML

Sector: Fabless Semiconductor

Amount: US$1.8 Million

Led by: Bluehill & A99

Fabless Semiconductor startup optoML has raised $1.8 million in a Pre Series A round led by deep tech VC Bluehill & A99. The Funds raised will be used for scaling up hiring and start work on next generation chips as tape out with TSMC is completed. The transaction will be completed pending regulatory approval.

Manu Iyer, General Partner, Bluehill.VC, says, “India’s deep-tech ecosystem is really coming into its own and semiconductors is an area where we are seeing fantastic progress. optoML, a fabless semicon company, sits at the intersection of two irreversible shifts in compute — analog in-memory compute architectures and optical interconnects. As AI workloads scale from the edge to hyperscalers, energy efficiency, latency, and bandwidth are becoming first-order constraints. optoML’s 12nm tapeout with TSMC and its partnership with Kaynes Semicon mark a critical transition from research to real silicon and scalable production. We believe this is the kind of deep-tech platform that can meaningfully reshape the cost and efficiency curve of AI infrastructure. And these frugal innovations with a clear commercial use case will define India’s global AI dominance.”

Startup: DATOMS

Sector: IoT

Amount: INR25 Crore

Led by: Big Capital JSC

DATOMS, an industrial IoT platform for enterprises and OEMs, raised a Series A funding round of INR25 crore, about USD 2.76 million, led by Vietnam-based investment firm Big Capital JSC. The round also includes participation from Indian venture capital firm IvyCap Ventures and a follow-on investment from YourNest Venture Capital as the company expands its enterprise platform across asset-intensive industries.

“We believe the next decade belongs to intelligent machines. This funding accelerates our mission to transform industrial assets into connected, self-aware systems that deliver measurable business outcomes. This investment validates our vision of turning connected machines into intelligent economic participants,” Amiya Samantaray, Founder and CEO said.

Startup: Roopya

Sector: SaaS

Amount: INR4 Crore

Led by: Inflection Point Ventures

Roopya, a Saas-based startup, has raised INR4 Crore in seed round led by Inflection Point Ventures. The capital infusion is set to accelerate the company’s mission of revolutionizing how financial institutions process credit through its superior no-code, AI-powered lending stack.

Ankur Mittal, Co?founder of Inflection Point Ventures, said “Roopya has built a technologically advanced platform that empowers institutions with limited access to high?end lending solutions, in a volatile market where seamless access to credit is critical, their integrated approach has the potential to make lending more accessible and affordable across India. We are excited to back Roopya as they scale and transform the credit ecosystem responsibly”.

Navanwita Bora Sachdev

Navanwita is the editor of The Tech Panda who also frequently publishes stories in news outlets such as The Indian Express, Entrepreneur India, and The Business Standard

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