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Venttup raises $3 M Pre-series A funding from Rainmatter, Unicorn India Ventures

Industries 5.0 startup Venttup has raised $3 million in a pre-Series A funding round co-led by Rainmatter, the investment arm of Zerodha, and Unicorn India Ventures. The startup was incubated at Kerala Startup Mission (KSUM).

Venttup had earlier secured seed funding from Unicorn India Ventures in September 2024.

The company said in a press release that the newly raised capital will be used to strengthen its engineering team, invest in precision manufacturing facilities and rapid prototyping infrastructure, and deploy AI to enhance B2B sourcing, supplier intelligence and operational efficiency.

Founded in 2022 by Sandeep Nair, M. Wasim Ankli and Joseph Panakkal, Venttup operates as a B2B manufacturing company specialising in the localisation and development of critical precision components and subassemblies.

Under its Manufacturing as a Service (MaaS) model, the company assists customers throughout the manufacturing process, covering engineering design, specification standardisation, rapid prototyping, testing, validation and contract manufacturing.

The Bengaluru-based startup offers capabilities across precision machining, casting and forging, sheet metal fabrication, box builds, special purpose machines, industrial automation, robotics and technology-enabled B2B sourcing. It combines its in-house engineering expertise with a network of MSME manufacturing partners to cater to industries including energy, data centres, mobility, defence, aerospace and space.

Venttup is also establishing a manufacturing facility in Bengaluru to expand its precision manufacturing and rapid prototyping capabilities. The facility will undertake precision machining, turning and sheet metal production for applications across energy transition, defence, aerospace and space. It is expected to reduce the time required to move components from development and validation to production readiness and large-scale manufacturing.

The company reported fivefold growth in FY26, reaching Rs 10 crore in revenue. Over the past 12 months, it has onboarded more than 15 large enterprises as customers and built a business opportunity pipeline worth approximately Rs 30 crore across the new energy, mobility and smart infrastructure sectors.

Venttup plans to grow its operations across four business verticals: energy transition and data centres; aerospace, defence and space systems; smart infrastructure and future mobility; and electronics, automation and smart manufacturing.

 

 

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