Portfolio news

Recent moves from our portfolio.

Funding rounds, milestones and headlines from the 50+ companies in the Soonicorn portfolio. Sourced from public reporting over the last 12 months.

Seed · ₹8.3 Cr

Adiabatic Climate-Tech Aug 2026

Raises ₹8.3 Cr seed co-led by Malpani Ventures and Avinya Ventures

Follows the ₹1.1 Cr angel round from Soonicorn Ventures and others in Nov 2025. Funds go toward scaling battery manufacturing to 100 MWh a year; 20,000+ battery systems deployed across 25+ OEMs in robotics, defence, drones and EVs.

Raises ₹22 Cr pre-Series A co-led by Orios Venture Partners and Acumen Fund

Soonicorn Ventures participated alongside Upaya Social Ventures, Venture Catalysts and We Founder Circle. Doorstep recycling platform in Delhi NCR with 300K+ pickups and about 20 Mn kg of waste recycled since launch.

Closes $144K seed; receives MEITY TIDE 2.0 scale-up grant

IIT-Hyderabad-incubated battery-tech firm closes a fresh seed round and is selected for the Government's MEITY TIDE 2.0 scale-up scheme — building cost-efficient, durable, AI-enabled lithium-ion battery packs for mobility, agriculture and defence.

Raises ₹6.84 Cr, signs MoU with IN-SPACe and ISRO collaboration

Funding plus partnership with IN-SPACe for Semi-Cryogenic Propulsion Development. Plans to test India's first privately built reusable rocket prototype on Independence Day 2026.

Raises pre-Series A led by Inflection Point Ventures and SucSEED Indovation Fund

Mix of equity and debt with participation from Soonicorn Ventures and Yes Bank. DaveAI's GRYD platform builds AI avatars and conversational journeys for automotive, BFSI and retail enterprises.

Raises $1.7M pre-Series A led by Inflection Point Ventures and Antler

Soonicorn Ventures participated with WEH Ventures, Venture Catalysts and FAAD Network. Renewable-energy investment platform with ₹43 Cr+ AUM and 9.3 MW of solar installed.

Raises ₹24.8 Cr seed led by Avaana Capital

Mycelium-based biodegradable packaging maker secures seed round with Shark Tank India team, Vinners Capital, India Angels and Soonicorn. Tackling stubble burning + plastic pollution.

Raises $4M Series A led by Mount Judi Ventures

Chiratae Ventures, Venture Catalysts, Hyderabad Angels and Soonicorn Ventures participated. Capital for product development and expanding its last-mile drone delivery network across Gurugram and other cities.