Nandan Nilekani’s Fundamentum leads $15 million bet on materials science startup Whizzo

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Materials science-driven manufacturing startup Whizzo has raised $15 million in a round led by Nandan Nilekani’s Fundamentum, with participation from South Korea-based deeptech player LB Investment, and existing backers Lightspeed Venture Partners and BEENEXT.

This is LB Investment’s first direct deployment in India and comes as Whizzo looks to scale its research capabilities, build in-house intellectual property, and expand its global manufacturing and export footprint.

Founded in 2024 by former Zetwerk executive Shrestha Kukreja, Whizzo positions…



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Nandan Nilekani’s Fundamentum leads $15 million bet on materials science startup Whizzo



Materials science-driven manufacturing startup Whizzo has raised $15 million in a round led by Nandan Nilekani’s Fundamentum, with participation from South Korea-based deeptech player LB Investment, and existing backers Lightspeed Venture Partners and BEENEXT.

This is LB Investment’s first direct deployment in India and comes as Whizzo looks to scale its research capabilities, build in-house intellectual property, and expand its global manufacturing and export footprint.

Founded in 2024 by former Zetwerk executive Shrestha Kukreja, Whizzo positions…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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