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Cleantech Startup Proklean Technologies Raises $4 Million In Funding

PRIVATEJun 07, 2023

Amount Raised

$4 Million

Round Type

Seed

ChennaiBiotechnologyEnergyRenewable Energy

Description

Proklean Technologies has raised $4 million in funding from Raintree Family Office which invests in startups promoting innovation in climate solutions, sustainability and responsible consumption.Proklean Technologies was founded in 2012 and started off using microorganisms for supply in wastewater treatment plants. The cofounding team includes Sivaram Pillai and Bala Chandrashekar, later joined by Vishwadeep Kuila.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardUnmuteCurrent Time 0:00/Duration 50:00Loaded: 1.19%00:00Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -50:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedPicture-in-PictureFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.AdvertisementIn the past, the Chennai-based company raised an angel funding of Rs 3.5 crore in 2012. Three years later, it raised another funding of Rs 5 crore from investors including Infuse Ventures, just before the 2015 floods

Quick answer

Proklean Technologies raised $4 Million in a Seed round, dated June 7, 2023. Proklean Technologies is based in Chennai, Tamil Nadu, India.

How much did Proklean Technologies raise?
Proklean Technologies raised $4 Million in a Seed round on June 7, 2023.
What does Proklean Technologies do?
Proklean Technologies is a company based out of Chennai, India, established in the year 2012.
Where is Proklean Technologies based and how big is it?
Proklean Technologies is based in Chennai, Tamil Nadu, India.
Who are the decision-makers at Proklean Technologies?
Fundz holds 1 contact at Proklean Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Proklean Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Pryme NV raised an undisclosed amount (Funding Round) on May 9, 2023.
  • PVcase raised $100M on July 17, 2023.
  • TROES raised an undisclosed amount (Pre-Series A) on July 12, 2023.
  • Orennia raised $25M (Series B) on July 11, 2023.
  • Nel Hydrogen raised an undisclosed amount (Funding Round) on July 10, 2023.
  • Avaada Group raised an undisclosed amount (Funding Round) on June 30, 2023.

Who to call at Proklean Technologies, and when

A new round usually means Proklean Technologies is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Proklean Technologies

Location

Chennai, Tamil Nadu, India

About

Proklean Technologies is a company based out of Chennai, India, established in the year 2012. We bring pathbreaking innovations in Green Chemistry that help make the world a better place to live for our future generations. We have developed proprietary Technologies using renewable input materials to make products that provide solutions to many vexatious problems such as pollution caused by multiple industries and depletion of renewable resources. Our approach is to make Green products that are truly sustainable and break the myth that Green does not deliver. Proklean has developed a proprietary technology using ​a unique combination of ​Probiotics with fermentation and formulation methods. This is the first ever such technology developed any where in the world that has far reaching potential across several industry platforms. The products have proven to show performance in Textile (ProAvita), Leather (Proviera), Hospitality & Waste Management (ProZeme), Paper (ProCharta) and Consumer (Proklean) equal to or better than the chemical alternatives while saving natural resources and reducing pollution. Proklean is a ISO 9001:2015, ISO 14001 and OHSAS 18001 certified company and the products are registered on Zero Discharge of Hazardous Chemicals (ZDHC) Gateway and are Global Organic Textile Standards (GOTS 5.0), OEKO-TEX Eco Passport, GreenPro & FDA certified and REACH compliant. Visit www.proklean.in to know more about us.

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Proklean Technologies 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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