CurvetAI bags pre-seed funding led by Merak Ventures
The funding round also saw participation from a group of angel investors.
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The funding round also saw participation from a group of angel investors.
The government has disputed the funding-shortage explanation for hitting pause of receiving fresh applications.
The Mumbai-based startup will deploy the fresh capital to expand its engineering team, among others.
The startup is building systems for the defence, aerospace and space sectors.
The funding round also saw participation from existing investors Kunal Shet and Parth D Bhasin.
The funding round was co-led by Fidelity Management & Research Company and Amplify Partners.
The Bengaluru-based startup will use the fresh capital to strengthen its technology and product capabilities and expand its experience supply across existing markets.
The fund has already deployed nearly Rs 55 crore across four deeptech startups.
The funding round saw participation from Foundation Capital.
The funding round also saw participation from existing investors Accel, S32 (Section 32), Prosus Ventures, Hitachi Ventures and Wipro Ventures.
The round also saw participation from Entrepreneur First and a group of angel investors, including backers from quantitative trading firms.
The fund has brought Quest Global Engineering Services as a Limited Partner (LP), adding an institutional investor from the engineering sector to its LP base.
The funding round saw participation from DeVC, Peercheque and Kunal Shah.
Unimech Aerospace and Manufacturing participated in the funding round.
The fresh capital will be used for product development, customer deployments, and expanding its engineering teams across the US, India, and Israel.
The funding round also saw participation from Claypond Capital, Martin Chavez, Olivier Pomel, Venky Harinarayan and Shah Rukh Khan.
The funding round also saw participation from existing investor Bessemer Venture Partners.
The funding round also saw participation from angel investors Afsar Ahmad, Jani Pasha, and Arpit Dave.
The round also saw participation from Sony Innovation Fund, Gaja Capital, Artha Ventures and other investors.
Bajaj Finance has been using TrueFan AI’s platform at scale to create millions of personalised videos for customer engagement and dealer communication.