VC Fund Investments
Cleantech startup GPS Renewables raises funding from Neev Fund
Bengaluru-based cleantech startup GPS Renewables has raised a Series B round from Neev Fund (managed by SBICAPS Ventures). GPS Renewables focused on turning food waste into biogas. The startup has established almost 100 operational captive biogas solutions for several clients and is the EPC partner for a source-separated organics based bioCNG plant in Indore.
From the Venture Intelligence PE-VC Deal Database: In Sep-20, GPS Renewables raised $3-M from Caspian Advisors, and Triodos. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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