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Hycosys raises over $1 million in a seed funding round led by MountTech Growth Fund’s Kavachh to strengthen its engineering team and develop a micro gas turbine.

PRIVATEFeb 23, 2026

Amount Raised

$1 Million

Round Type

Seed

BengaluruManufacturingEnergyOil And GasRenewable Energy

Investors

MountTech Growth FundMount Tech Growth Fund

Description

Deep-tech engineering startup Hycosys has raised over $1 million in a seed funding round led by MountTech Growth Fund. The funds will be used to strengthen the engineering team and develop a micro gas turbine. Co-founded in 2024, Hycosys is focused on building low-emission micro gas turbine systems. The startup aims to meet decarbonisation goals by developing clean fuel-flexible technologies.

Company Information

Company

Hycosys

Location

Bengaluru, Karnataka, India

About

Hycosys is a deep-tech engineering startup co-founded in 2024 by Tapish Agarwal and Ugandhar Reddy, focusing on building fuel-flexible, low-emission micro gas turbine systems. The company aims to develop hydrogen-ready and clean fuel-flexible micro gas turbines for distributed clean power, mobility, and aerospace applications. Their innovation includes advanced turbine designs and components being tested to improve efficiency and reduce weight compared to existing systems. Hycosys is committed to supporting India's decarbonisation goals by developing indigenous turbine technologies.

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Related People

1 contact
Verified contactsTapish A., Co-Founder & CEO hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Hycosys's next move

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Hycosys raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.