# BiofuelCircle funding: rounds and investors

> BiofuelCircle has raised $5.4M across 1 round since 2024. Investors include Better Capital. Every round with its source.

Source: https://millionrounds.com/company/biofuelcircle (Millionrounds; every figure on the page links to its filing or article)

[Series A startup](https://millionrounds.com/companies)

# Who invested in *BiofuelCircle*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summary Updated 26 Oct 2026

**$5.4M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series A, $5.4M Aug 2024
- **Investors:** 1

See who backed them

## The rounds

- **Aug 2024** Series A **$5.4M** [Better Capital](https://millionrounds.com/fund/better-capital) Source recorded

## Founders and team

From BiofuelCircle's own website: 13 on the team.

- **Anita Nerkar** Head of Marketing
- **Manish Kapoor** Head of Business (North India)
- **Umesh Dasur** Head of Network Operations
- **Ajay Kumar Polamarasetti** Senior Manager -Business Development South
- **Arunvel S** Industrial Sales Manager
- **Gaurav Dashottar** General Manager- Operations
- **Mehul Jain** Warehouse Manager - Operations (Supply Network)
- **Nikhil Birari** General Manager - Business Development
- **Sheetal Patel** Manager Human Resource
- **Smita Mulmuley** Recruitment Lead - Human Resources
- **Susheel Salunke** Business Development Manager
- **Vaishali Kamble** General Manager, Operations
- **Virendra Singh Shekhawat** Project Manager

Advisers *Satish Chinchalkar*

## Everyone who backed them

[Better Capital](https://millionrounds.com/fund/better-capital) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=biofuelcircle).

## Also claim to have backed them

This firm lists BiofuelCircle as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Better Capital](https://millionrounds.com/fund/better-capital-2) VC firm Per its own site

## Quick answers about BiofuelCircle

### Who invested in BiofuelCircle?

BiofuelCircle's investors include Better Capital.

### How much has BiofuelCircle raised?

BiofuelCircle has raised $5.4M across 1 round since 2024.

### When did BiofuelCircle last raise?

BiofuelCircle's most recent round was a Series A of $5.4M in Aug 2024.

### What was BiofuelCircle's biggest round?

Its most recent round, $5.4M in Aug 2024, is also its largest on record.

### Who backed BiofuelCircle first?

BiofuelCircle's first round on record, in Aug 2024, was backed by Better Capital.

### What stage is BiofuelCircle at?

BiofuelCircle's latest named round is a Series A, in Aug 2024.

## Companies like BiofuelCircle

In the same sector, and raised in the last eighteen months.

[**RoboForce** $62M · Mar 2026](https://millionrounds.com/company/roboforce)[**Newtrace** $6.2M · Mar 2026](https://millionrounds.com/company/newtrace)[**PCG Power** Jan 2026](https://millionrounds.com/company/pcg-power)[**Chara Technologies** $5.9M · Oct 2025](https://millionrounds.com/company/chara-technologies)[**Chakr Innovation** $23M · Sept 2025](https://millionrounds.com/company/chakr-innovation)[**Ariya Finergy** $582K · Aug 2025](https://millionrounds.com/company/ariya-finergy)

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