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NeoGeo raises $20 million in Series A funding led by Neev II Fund and Aavishkaar Capital. The funds will be used for platform expansion, R&D investments, and market entry into the Middle East and Americas.
PRIVATEAug 18, 2026•about 3 hours ago
Amount Raised
$20 Million
Round Type
Series A
GurgaonInformation TechnologySoftwareArtificial IntelligenceAnalyticsGeospatialInvestors
Aavishkaar CapitalNeev Ii Fund
Description
Geospatial technology startup NeoGeo has raised $20 million in a Series A funding round led by Neev II Fund and Aavishkaar Capital. The company aims to expand its platform and product portfolio through R&D and technical investments. Additionally, it plans to enter international markets across the Middle East and the Americas. Founded in 2019, NeoGeo operates across the geospatial value chain, providing GIS-referenced solutions.
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Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech