# Newtrace: Electrical/electronic manufacturing, Bengaluru, India

> Newtrace: Newtrace Private Limited is a climate-tech and deep-tech startup based in Bengaluru, Karnataka, India, founded in 2021. Based in Bengaluru, India.

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

India · [Electrical/electronic manufacturing startup](https://millionrounds.com/companies)

# Newtrace

Newtrace Private Limited is a climate-tech and deep-tech startup based in Bengaluru, Karnataka, India, founded in 2021.

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Funding reported Last round: Seed

Electrical/electronic manufacturing Bengaluru, India

Company summary

- **Founded:** 2021 5 years old
- **Team:** 50 11 to 50 people
- **Funding reported:** 544M as listed, currency not stated
- **Last round:** Seed May 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Newtrace has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Newtrace

Newtrace Private Limited is a climate-tech and deep-tech startup based in Bengaluru, Karnataka, India, founded in 2021.

The company focuses on decarbonizing the world by developing advanced green hydrogen production technologies. Newtrace specializes in designing and manufacturing innovative electrolyzers that use renewable energy to produce hydrogen and oxygen without CO2 emissions. The company's flagship product is its proprietary membrane-less electrolyzer technology, which significantly reduces costs by eliminating the need for rare-earth metals and critical membranes. Newtrace also offers the VoltaGen electrode innovation, enhancing the efficiency and durability of its systems. Additionally, they provide an electrolyzer management system that allows clients to monitor and optimize their green hydrogen production in real-time. Newtrace supports various industries, including mobility, chemicals, and energy, by offering consulting services to help them transition to green hydrogen solutions.

## What company datasets say Newtrace raised

Funding, as reported

Reported in all **544M** in the source's currency

Rounds **2**

Last round **Seed**

Last round size **6.3M**

Last round date **May 2023**

Investors listed **6**

## Founders and team

From Newtrace's own website: 2 founders.

**Prasanta Sarkar** Co-founder & CEO

**Rochan Sinha** Co-founder & CTO

## On 2 portfolio pages

Investors who name them

- [Axilor Ventures](https://millionrounds.com/fund/axilor-ventures)
- [MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)](https://millionrounds.com/fund/mitsui-sumitomo-insurance-venture-capital-msivc)

Each firm lists Newtrace on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

clean energy & technology manufacturing enterprises energy storage renewable energy storage renewable energy integration information technology & services earth metal-based electrocatalysts ultrapure hydrogen enterprise software gas separation environmental services oil & energy modular systems electrolyzer cost-effective electrolyzer

Built with from their website

Parallels Mac Management for Microsoft SCCM PWA Viewport Meta Adobe Experience Manager webpack Excel4Apps mabl Microsoft Excel Priority Hints React

+8 more

FRAC Pumps Microsoft Exchange Microsoft 365 Apps & Services Mobile Friendly CNC Software Vercel CAT Open Graph

- **Sector:** Electrical/electronic manufacturing
- **Industry code:** NAICS 33324, 335, SIC 3621
- **Region:** Karnataka
- **Revenue:** 2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/newtrace)

## Electrical/electronic manufacturing in India

Startups like it

- [**Atomberg Technologies** Mumbai · founded 2012 *Raised*](https://millionrounds.com/company/atomberg-technologies)
- [**SFO Technologies** Kochi · founded 1990](https://millionrounds.com/startup/sfo-technologies)
- [**Sunwoda Electronic India Pvt Ltd** Noida · founded 2017](https://millionrounds.com/startup/sunwoda-electronic-india-pvt-ltd)
- [**Deepak Cables (India) Limited.** Bengaluru · founded 1977](https://millionrounds.com/startup/deepak-cables-india-limited)
- [**Keus Smart Home** Hyderabad · founded 2017](https://millionrounds.com/startup/keus-smart-home)
- [**Power Engineering (India) Pvt Ltd** Mapusa · founded 1989](https://millionrounds.com/startup/power-engineering-india-pvt-ltd)
- [**Matel Motion and Energy Solutions Pvt Ltd** Pune · founded 2016](https://millionrounds.com/startup/matel-motion-and-energy-solutions-pvt-ltd)
- [**Control Z** Gurugram · founded 2020](https://millionrounds.com/startup/control-z)

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