Climate tech startup Newtrace said its proprietary patent-pending electrolyzer technology is designed to produce ultrapure hydrogen while reducing overall production costs by up to 60%.
Climate technology startup Newtrace has secured $5.65 million in seed funding led by Sequoia Capital India and Aavishkaar Capital. The round also saw participation from existing investors Speciale Invest and Micelio Fund, along with capital infusion from Ashish Goel, Founder and CEO of Urban Ladder, and IKP Knowledge Park.
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