Newtrace
Newtrace develops high-performance electrode technology (branded VoltaGen) and electrolyser systems for alkaline water electrolysis used in green hydrogen production, serving electrolyzer OEMs, green hydrogen project developers, and industrial gas companies.
Newtrace: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 10 Mar 2026 | Pre-Series A | $6.3 Mn (₹56.93 Cr) | HDFC Bank Mitsui Sumitomo Aavishkaar Capital Manish Prataprai Gandhi Micelio Technology Fund Renu Manish Gandhi Speciale Invest Surge (Peak XV Partners) | source |
| 31 May 2023 | Seed | $5.65 Mn | Aavishkaar Capital Sequoia Capital India Ashish Goel IKP Knowledge Park Micelio Technology Fund Speciale Invest | source |
| 15 Jun 2022 | Pre-seed | $1 Mn | Micelio Technology Fund Speciale Invest | source |
Recent Signals
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22 Jul 2025 · growth-traction
Newtrace runs BPCL pilot achieving 99.9% hydrogen purity source
News on Newtrace
No coverage of Newtrace linked yet.
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Who founded Newtrace?
Newtrace was founded by Prasanta Sarkar, Rochan Sinha in 2021.
How much funding has Newtrace raised?
Newtrace has raised $12.95 Mn across 3 tracked funding round(s), most recently on 2026-03-10. Figures are compiled from cited public sources.
Who are the investors in Newtrace?
Investors in Newtrace include HDFC Bank, Mitsui Sumitomo, Aavishkaar Capital, Manish Prataprai Gandhi, Micelio Technology Fund, Renu Manish Gandhi, Speciale Invest, Surge (Peak XV Partners).
What does Newtrace do?
Newtrace develops high-performance electrode technology (branded VoltaGen) and electrolyser systems for alkaline water electrolysis used in green hydrogen production, serving electrolyzer OEMs, green hydrogen project developers, and industrial gas companies.
Where is Newtrace headquartered?
Newtrace is headquartered in Bengaluru, Karnataka, India.
What is Newtrace's business model?
Newtrace's core value proposition centers on Over 60% lower green hydrogen production cost, Drop-in retrofit for existing alkaline electrolyser stacks, Lower specific energy consumption.