SERIES A TRACKER

Tracking Pre-Series A and Series A deals that close in India every week

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Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.

Loopworm is a Bengaluru-based biotech startup rethinking how the world produces protein- by using silkworms instead of traditional industrial reactors. Their “reactor-free” approach lets them grow useful proteins, enzymes, and other materials directly inside insect biomass, making the process faster, cheaper, and more scalable. Founded in 2019, the startup runs a 6,000-tonne/year insect-processing plant that exports products globally- serving aquaculture, pet food, diagnostics, and animal vaccine markets and has secured international certifications. $3.25M Pre‑Series  A round led by WaterBridge Ventures and Enrission India Capital. Ankit Alok Bagaria, Co‑founder & CEO- leads vision and commercialization after developing Loopworm’s core biotech process. Abhi Gawri, Co‑founder & CTO oversees tech development and product innovation direction.

Founders
July 1, 2025
Fundraise news
Investors
Wk 27 (30 Jun - 6 Jul)
Jun 24

Fabheads is a Chennai-based deep-tech venture founded in 2015, focused on automating composite manufacturing. Their proprietary Adaptive Tow Placement technology, including Asia’s first continuous-fiber 3D printer, enables automated fabrication of lightweight, high-strength carbon fiber parts. The startup serves aerospace, defense, mobility, drones, and clean-energy clients, including ISRO, Tata Group, and Motherson Group, and is building a new 100,000 sq ft manufacturing facility in Bengaluru to support rising demand. $10M Series A round led by Accel, with senior participation from Trifecta Capital, which contributed $2.3M in venture debt- bringing Fabheads’ total funding to $13M. The fresh capital will be used to expand manufacturing capacity, deepen R&D, and scale leadership and engineering teams in Bengaluru’s Aerospace Park. Dhinesh Kanagaraj, Co‑founder & CEO, an IIT‑Madras alumnus and former ISRO engineer who personally developed early 3D‑printer prototypes. Abhijeet Rathore, Co‑founder & CTO, an IIT‑Delhi alum who previously designed rocket components at ISRO.

Founders
June 24, 2025
Fundraise news
Investors
Wk 26 (23-29 Jun)

Seed deals that closed each week, every Monday morning.

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