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Solinas Integrity raises USD 5.5 million in Series A1 round led by Hero Enterprise Partner Ventures, co-led by Mela Ventures, to scale its climate deep-tech and robotics operations.

PRIVATEAug 06, 20263 days ago

Amount Raised

$5.5 Million

Round Type

Series A

ChennaiArtificial IntelligenceWaterRobotics

Investors

8 X Ventures Fund IRainmatterSbi VenturesLuthra GroupMela VenturesHero Enterprise Partner Ventures

Description

Solinas Integrity announced a USD 5.5 million Series A1 funding round led by Hero Enterprise Partner Ventures and co-led by Mela Ventures. Existing investor SBI Ventures doubled down on its position alongside continued backing from Rainmatter and 8X Ventures Fund I. The round underscores the alignment between India's climate-tech innovation ecosystem and global sustainability-focused capital. Founded by Divanshu Kumar and Moinak Banerjee, Solinas builds robotics and AI systems for underground water management.

Company Information

Company

Solinas Integrity

Location

Chennai, Tamil Nadu, India

About

Solinas Integrity is an IIT Madras-incubated climate deep-tech and robotics company that builds robotics and AI systems to inspect, clean, and digitize underground water and wastewater infrastructure. The company's technology addresses water leakage, contamination, and the elimination of manual scavenging. Solinas operates in over 35 cities and 15 states in India and is expanding into the Middle East. Their goal is to become India's largest tech company in underground asset management, targeting substantial revenue growth by FY28.

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Funding Insights

Based on industry data
Typical 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
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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