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CapGrid raises $4.87M in pre-Series B round led by Hero Enterprise Partner Ventures at 50% valuation premium to $46M post-money.
Amount Raised
$4.87 Million
Round Type
Series B
Investors
Description
B2B manufacturing startup CapGrid has closed a pre-Series B funding round of Rs 46.28 crore ($4.87 million) led by new investor Hero Enterprise Partner Ventures, with participation from existing investors Nexus Venture Partners, Anicut Capital, and others. The funding brings CapGrid's post-money valuation to Rs 430 crore ($46 million), representing a 50% premium over its previous Series A round. The company plans to use the capital for expansion, growth, and meeting additional capital requirements. Founded in 2020, CapGrid is an AI-powered B2B platform serving automotive, agricultural, aerospace, and EV industries.
Fundz sees it the moment CapGrid Solutions raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansCapGrid Solutions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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