# HydroLeap funding: rounds and investors

> HydroLeap has raised $6.7M across 2 rounds since 2019. Investors include Wavemaker Partners, 500 Global and Global Brain Corporation.

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

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

# Who invested in *HydroLeap*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Manufacturing

Funding summary Updated 26 Oct 2026

**$6.7M** raised across 2 rounds since 2019, from 2 sources

**$1.9M** Round **$4.8M** Series A

- **Latest round:** Series A, $4.8M Jul 2025
- **Step-up i:** 2.5×
- **Investors:** 7 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022 2023 2024 2025

**$1.9M** Round

**$4.8M** Series A

- **First round:** Round, $1.9M
- **Biggest round:** $4.8M
- **Between rounds:** 5.6 years

## The rounds

- **Jul 2025** Series A **$4.8M** *4 new* *1 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) [EDBI](https://millionrounds.com/fund/edbi) [UntroD Capital](https://millionrounds.com/fund/untrod-capital) Source recorded
- **Nov 2019** Round **$1.9M** *3 new* [Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) Lead [Seeds Capital](https://millionrounds.com/fund/seeds-capital) 500 Durians Reported by DealStreetAsia

## Founders and team

From HydroLeap's own website: 1 founder, 7 on the team.

**Dr. Mohammad Sherafatmand** CEO, Founder

- **Kailash Nichani** Chief Financial Officer
- **Ben Toh** Head of Engineering
- **Dr. Frank Zamani** Head of Technical Sales
- **Dr. Lakshmi Jothinathan** Head of R&D
- **Ruchika Prakash** Head of People
- **Henry Tao** Non-Executive Director
- **Joel Ang** Non-Executive Director

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Series A** 2025 [Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) L [500 Global](https://millionrounds.com/fund/500-startups) [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [EDBI](https://millionrounds.com/fund/edbi) [Seeds Capital](https://millionrounds.com/fund/seeds-capital) [UntroD Capital](https://millionrounds.com/fund/untrod-capital) 500 Durians

## Everyone who backed them

[Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) VC firm **2** rounds, led 1

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) VC firm **1** round

[EDBI](https://millionrounds.com/fund/edbi) VC firm **1** round

[Seeds Capital](https://millionrounds.com/fund/seeds-capital) VC firm **1** round

[UntroD Capital](https://millionrounds.com/fund/untrod-capital) VC firm **1** round

500 Durians no record of our own yet **1** round

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

## Also claim to have backed them

These 4 firms list HydroLeap as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Antares Ventures](https://millionrounds.com/fund/antares-ventures) VC firm Per its own site

[SparkLabs Group](https://millionrounds.com/fund/sparklabs-group) VC firm Per its own site

[Canopus Advisors](https://millionrounds.com/fund/canopus-advisors) Advisor Per its own site

[Planetrise](https://millionrounds.com/fund/planetrise) VC firm Per its own site

## Quick answers about HydroLeap

### Who invested in HydroLeap?

HydroLeap's investors include Wavemaker Partners, 500 Global, Global Brain Corporation, EDBI and Seeds Capital, and 2 more on record.

### How much has HydroLeap raised?

HydroLeap has raised $6.7M across 2 rounds since 2019.

### When did HydroLeap last raise?

HydroLeap's most recent round was a Series A of $4.8M in Jul 2025.

### What was HydroLeap's biggest round?

Its most recent round, $4.8M in Jul 2025, is also its largest on record.

### Who backed HydroLeap first?

HydroLeap's first round on record, in Nov 2019, was backed by Wavemaker Partners, Seeds Capital and 500 Durians.

### What stage is HydroLeap at?

HydroLeap's latest named round is a Series A, in Jul 2025.

### Where is HydroLeap based?

HydroLeap is based in Singapore.

### Who led HydroLeap's rounds?

Wavemaker Partners led the Undisclosed round in 2019.

## Companies like HydroLeap

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

[**Ailytics** $7.4M · Oct 2026](https://millionrounds.com/company/ailytics)[**Tolaram** $51M · Sept 2026](https://millionrounds.com/company/tolaram)[**Lyte** $190M · Sept 2026](https://millionrounds.com/company/lyte)[**InterContinental Energy** $116M · Apr 2026](https://millionrounds.com/company/intercontinental-energy)[**Botsync** $5.5M · Jan 2026](https://millionrounds.com/company/botsync)[**Quantified Energy Labs** $6.0M · Dec 2025](https://millionrounds.com/company/quantified-energy-labs)

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