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Bengaluru-based company offers full-stack carbon removal solutions for clients aiming to achieve net-zero emissions. Its initiatives span agroforestry, regenerative farming, planting mangroves, and biochar projects, reaching more than 60,000 farmers and coastal communities.
Battery circularity company PeakAmp has raised Rs 12 crore (about $1.37 million) in a seed funding round led by Caret Capital, with participation from IIMA Ventures, Basant Sharma and Group, and other investors.
The company is also collaborating with Bharat Electronics on developing high-altitude logistics drones and has partnered with Bhutan’s Druk Holding & Investments group for pilot UAV-based logistics missions to monasteries in remote locations
The deal, led by Andreessen Horowitz, with participation from Conviction Partners (founded by ex-Greylock investor Sarah Guo), is among the largest-ever seed rounds in Silicon Valley’s history – underlining the investor frenzy surrounding AI model companies founded by ex-OpenAI leaders.
