Hycosys bags seed funding from Mounttech Growth Fund
24 Feb 2026, 10:53 AMThe startup had previously raised $88,400 in a pre-seed round from Pointone Capital in December 2024.
Team Head&Tale
Share the story on
Hydrogen combustion system maker Hycosys has secured $1 million in its seed funding from Mounttech Growth Fund - Kavachh.
The fresh capital will be used to strengthen the engineering team, access advanced testing facilities, develop a micro gas turbine (MGT), and showcase an effective clean energy alternative to diesel-based power generators by the mid of 2027.
The Bengaluru-based startup manufactures hydrogen fueled micro gas turbines for power generation that can be distributed in sectors like clean power, mobility, and aerospace.
The deep tech engineering startup was founded in 2024 by Tapish Agarwal and Ugandhar Reddy, and has gathered support from various government, VC, and CSR initiatives.
The startup had previously raised $88,400 in a pre-seed round from Pointone Capital in December 2024.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
Related News