Friday
June 2
2023

Indian Cleantech Startup Newtrace Raises $5.6 Million

With the pressing challenge of climate change and the necessity for concentrated efforts in decarbonization, the production of cost-effective and sustainable hydrogen has gained significant recognition. In this context, Newtrace, a climate tech startup, has positioned itself as a key player in shaping India’s emerging Green Hydrogen narrative with a $5.6 million seed funding round.

Photo courtesy of Rodion Kutsaiev.

Source: Techloy (link opens in a new window)

Categories
Energy, Environment, Technology
Tags
decarbonization, innovation, startups