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Deep-tech startup Vecmocon Technologies on Monday said it has raised over $18 million (about Rs 153 crore) in Series A funding round.
The round was anchored by sustainability focused venture capital fund EIF with participation from Aavishkaar Capital and BII, UK’s development finance institution as well as existing investor Blume Ventures, the company said.
The fresh investment will support the platform’s efforts to expand its market presence, focus on advancing capabilities in embedded design, power electronics, IoT, and data science and enabling…
