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IIT MADRAS-INCUBATED DEEP TECH STARTUP RAISES US$1 MILLION FUNDING
Millennium Post Delhi
|Delhi 25 September 2025
Aims to tackle Rs 66,000 cr problem of exergy loss in Indian process industries
IT Madras-incubated deep tech startup Wankel Energy Systems has raised US$ one million in a pre-seed funding round led by Shastra VC, which invests in frontier tech, climate tech, and Al with participation from strategic angel investors. With three granted US and Indian patents besides more than 20 innovations protected as trade secrets, Wankel is not just building a product but a technology platform.
This funding will help the startup, which aims to prevent the loss of potential energy in pressure-reducing valves (PRVs), to go global. Over the next decade, it is targeting to deploy more than 1,000 units not only across India but in global markets too, addressing a global challenge.
Dit verhaal komt uit de Delhi 25 September 2025-editie van Millennium Post Delhi.
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