Quintrans raised USD 750 thousand in a pre-seed round. Capital-A led the deal. Sumeet Kabra from RR Global joined, along with Sanchi Connect and AIC-Pinnacle. Some other strategic partners took part too. IIMA Ventures gave ecosystem support.

The funds will go toward building an in-house manufacturing and testing facility in Pune. They will also speed up R&D on electromagnetic actuation and help grow the engineering and operations team for commercial launch.

Pranay Luniya, founder and CEO, said the aim is to make dependable linear motion systems in India that industries can rely on. The team builds hardware and control electronics in-house for complete solutions. This cash lets them move forward on development, set up manufacturing, and get closer to selling. He thanked Capital-A for supporting a deep tech effort that needs time and belief.

Ankit Kedia from Capital-A said reliable motion systems matter a lot worldwide, but not much new work has come from emerging markets. Quintrans brings real technical skill and practical know-how. Their early results look promising for real use, and the team seems ready to take on big global players.

Quintrans builds direct-drive linear motion systems in India. The components offer frictionless movement, high speed, and micron-level precision. The company focuses on industrial automation, robotics, and equipment manufacturing and operates from Pune.

Naxatra Labs raised USD 3 million in a Pre-Series A round. The deal was led by Rainmatter. A group of angel investors took part, including Paytm founder Vijay Shekhar Sharma and Delhivery co-founder Mohit Tandon.

The funds will go toward ramping up production to 50,000 motors per month. They will also support more R&D on new motor types for industrial uses. Part of the money will build the export side and make India a stronger option for these parts.

Vishvesh from Rainmatter said the firm likes founders who tackle hard issues with basic innovation. He added Naxatra fits this well by making key electromagnetic devices fully in India. The team looks set to make a real impact.

Naxatra Labs builds high-efficiency electric motors like axial-flux and radial-flux types. These offer strong torque in small packages for electric vehicles and farm machinery. The company handles everything in-house from design to assembly and operates in India.

SimpleClosure, founded in 2023, has raised just over $20 million from investors including Infinity Ventures, TTV Capital, Anthemis, The LegalTech Fund, and Carta. The company's founder and CEO, Dori Yona, came up with the concept after experiencing the complexity of shutting down a company.

SimpleClosure is expanding its vision with the launch of Asset Hub, a marketplace designed to help founders recover value from their assets, such as source code, operational data, domain names, and equipment.

According to Yona, the company has seen strong year-over-year growth in startup shutdown activity, with 2.6x more companies closing in Q1 2026 compared to Q1 2025. The Asset Hub aims to capture the value of these assets, which often evaporate during the shutdown process.

X-energy has raised over $1 billion in capital investment through its IPO and a simultaneous private investment.

This funding will be used to hasten the placement of its Xe-100 advanced small modular reactors as the world searches for clean, sustainable baseload power.

The Xe-100 reactor utilises "pebbles", graphite spheres containing thousands of "TRISO" particles, which are essentially indestructible and capable of withstanding high temperatures.

X-energy intends to use the proceeds to fund the final stages of licensing, supply chain development, and the construction of its TRISO-X fuel fabrication facility.

The company is currently managing a pipeline of over 11 gigawatts of new nuclear capacity through various commercial partnerships, including a project with Dow Inc. to provide high-temperature steam and power for industrial processes.

Cloneable, a startup that uses AI to shadow human experts in heavy industries such as energy and replicate their specialized workflows into autonomous agents, has raised $4.6 million in seed funding. Congruent Ventures led the raise, which included participation from First In, Overline, Bull City Venture Partners, and St. Elmo Venture Capital.

The idea for Cloneable traces back to a bottleneck its founders encountered years earlier while working in the field. The startup's founders realized that heavy industries face a “knowledge crisis” as experienced workers retire faster than they can be replaced.

Cloneable aims to capture and preserve that kind of institutional knowledge. The funding will also support expansion into infrastructure-heavy industries such as public utilities, vegetation management, construction, rail, mining, agriculture, and manufacturing.

The company claims that a process that typically takes a human engineer eight hours can be completed by a Cloneable agent in under two minutes.

INVIA has raised $1.2 million in funding, according to the company’s latest update. The investor backing the round was not disclosed.

Details about the company’s core operations were not outlined in the announcement, though the funding suggests early-stage activity.

The round comes at a time when smaller funding deals continue across emerging startups, particularly at the pre-seed and seed stages.

Further specifics on INVIA’s product, market focus, and use of funds were not shared.

In a move to revolutionize industrial maintenance, Edmund, a Czech startup, has landed €2.5 million in funding. This investment, led by FORWARD.one and backed by University2Ventures and T, underscores the potential of AI in transforming the factory floor.

The funding will likely be used to further develop Edmund's AI-powered debugging platform, designed to streamline troubleshooting processes in industrial settings. By leveraging AI, Edmund's platform could significantly reduce downtime and increase overall efficiency.

Edmund's approach to industrial maintenance highlights a growing trend towards adopting AI-driven solutions in manufacturing. As factories become increasingly complex, the need for intelligent troubleshooting tools has never been more pressing.

FORWARD.one's involvement in the funding round suggests a strong belief in Edmund's technology and its potential impact on the industry. With the participation of University2Ventures and T, Edmund is well-positioned to capitalize on its innovative approach.

The application of AI in industrial maintenance is still a relatively new field, but one that holds immense promise. Edmund's success in securing funding is a testament to the viability of its solution and the interest it has generated among investors.

As Edmund moves forward with its plans, the focus will be on how effectively it can implement its AI-driven troubleshooting platform across various industrial settings. The potential for growth and the impact on the manufacturing sector are significant, making Edmund a startup to watch in the coming years.

With its innovative approach and newfound funding, Edmund is poised to make a meaningful difference in the world of industrial maintenance. The use of AI to enhance troubleshooting capabilities is a step towards a more efficient and productive factory floor, and Edmund is at the forefront of this change.