Bengaluru-based manufacturing startup Venttup has raised $3 million in a Pre-Series A funding round to scale its operations and infrastructure. The company connects deeptech startups and original equipment manufacturers (OEMs) with a network of micro, small, and medium enterprises (MSMEs) to facilitate component production.
Key Takeaways
- Funding details: The round was led by Rainmatter by Zerodha and Unicorn India Ventures.
- Capital allocation: Funds will support engineering hires, new infrastructure, and AI integration for supply chain management.
- Operational model: Venttup acts as an intermediary, handling engineering, supplier qualification, quality testing, and production for clients.
- Growth metrics: The startup reported a fivefold revenue increase to ₹10 crore in FY26, with a pipeline of ₹30 crore.
- Core sectors: Operations focus on aerospace, defense, energy transition, and smart infrastructure.
Scaling Manufacturing Partnerships
Venttup, founded in 2021 by Sandeep Nair, M. Wasim Ankli, and Joseph Panakkal, addresses the gap between prototyping and commercial production. The company coordinates the manufacturing process, allowing clients to outsource design standardization, prototyping, and quality assurance. Its services include precision machining, sheet metal fabrication, and industrial robotics.
The company is currently establishing a new facility in Bengaluru. This site will focus on precision machining and turning to support applications in aerospace, defense, and energy sectors. CEO Sandeep Nair stated that the company aims to leverage India’s MSME ecosystem to translate complex technical requirements into production-ready components.
Business Growth and Strategy
Since its seed round in 2024, the startup has onboarded more than 15 blue-chip customers. Venttup’s leadership team includes former employees from companies such as Siemens, Hitachi Energy, and L&T. The new capital is intended to enhance the company’s ability to move beyond product development and secure repeat, long-term production contracts.