Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round

Industrial-energy startup Wankel Energy raises US$1 m to roll out steam-expander units that convert waste-steam into power across Indian process industries.

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  7. Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round
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2h ago

Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round

Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round
Led by venture firm Shastra VC and strategic angels, Chennai-based spin-out Wankel Energy Systems (incubated at IIT Madras) has secured US$1 million in pre-seed funding to deploy more than 1,000 steam-expander units across industries such as food, dairy, textiles, paper, chemicals and rubber. 
The firm’s technology converts wasted industrial steam into electricity, targeting an estimated ₹66,000 crore of losses in Indian process industries. 
Initial pilots were run at Hatsun Dairy in Salem and six paid installations are planned this year, supported by commitments for 40+ units from global clients.
Related:
Scale AI alum raises $9 million for AI industrial platforms in MENA
Timesofindia• By Sneha Pathak
Explore:High Return Equity Mutual Fund
positive
2h ago

Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round

Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round
Led by venture firm Shastra VC and strategic angels, Chennai-based spin-out Wankel Energy Systems (incubated at IIT Madras) has secured US$1 million in pre-seed funding to deploy more than 1,000 steam-expander units across industries such as food, dairy, textiles, paper, chemicals and rubber. 
The firm’s technology converts wasted industrial steam into electricity, targeting an estimated ₹66,000 crore of losses in Indian process industries. 
Initial pilots were run at Hatsun Dairy in Salem and six paid installations are planned this year, supported by commitments for 40+ units from global clients.
Related:
Scale AI alum raises $9 million for AI industrial platforms in MENA
Timesofindia• By Sneha Pathak
Explore:High Return Equity Mutual Fund
Breaking
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Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round

about 3 hours ago
1 min read
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Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round

Industrial-energy startup Wankel Energy raises US$1 m to roll out steam-expander units that convert waste-steam into power across Indian process industries.

Led by venture firm Shastra VC and strategic angels, Chennai-based spin-out Wankel Energy Systems (incubated at IIT Madras) has secured US$1 million in pre-seed funding to deploy more than 1,000 steam-expander units across industries such as food, dairy, textiles, paper, chemicals and rubber. 
The firm’s technology converts wasted industrial steam into electricity, targeting an estimated ₹66,000 crore of losses in Indian process industries. 
Initial pilots were run at Hatsun Dairy in Salem and six paid installations are planned this year, supported by commitments for 40+ units from global clients.
Indian industrial-energy startup Wankel Energy Systems raises US$1 million pre-seed round
Led by venture firm Shastra VC and strategic angels, Chennai-based spin-out Wankel Energy Systems (incubated at IIT Madras) has secured US$1 million in pre-seed funding to deploy more than 1,000 steam-expander units across industries such as food, dairy, textiles, paper, chemicals and rubber. 
The firm’s technology converts wasted industrial steam into electricity, targeting an estimated ₹66,000 crore of losses in Indian process industries. 
Initial pilots were run at Hatsun Dairy in Salem and six paid installations are planned this year, supported by commitments for 40+ units from global clients.
Companies:
Wankel Energy Systems
Shastra VC
Tags:
startups
india
startups
india
industrial_tech
clean_energy
deep_tech
Related:
Scale AI alum raises $9 million for AI industrial platforms in MENA
Source: Timesofindia
By Sneha PathakExplore:High Return Equity Mutual Fund
Nov 8, 2025 • 18:54 IST

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