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Devic Earth - About the company

Devic Earth is a seed company based in Bengaluru (India), founded in 2018 by Srikanth Sola, Shaguna Sinha and Shivani Sinha Sola. It operates as a Provider of advanced air pollution reduction systems using pulsed radio frequency technology. This technology improves air quality over large areas at a low cost per unit area. The systems effectively reduce particulate matter concentrations in ambient conditions and require low maintenance. The technology is applicable across various industries including manufacturing, mining, and chemical processing. The systems are designed for large-scale deployment and offer real-time data access to monitor air quality improvements.. Devic Earth has raised $2.8M in funding from Blue Ashva Capital and Axilor Ventures, with a current valuation of $*****. The company has 16 active competitors, including 2 that are funded. Its top competitors include companies like Stratagroup, Florida Electrical Industries and Clairifier.

Company Details

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Social
XFacebook
Email ID
*****@devic-earth.com
Phone Number
+91 **********
Registered Address
VILLA 7, PARKWAY TIVOLI APARTMENTS, Kadugddi Main Road, Seegehalli, Kannamangala, Bangalore, Bangalore South, Karnataka, India, 560067
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Seed
Total Funding
$2.8M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 04, 2025
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
15 as on May 31, 2025
Similar Companies
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Devic Earth's funding and investors

Devic Earth has raised a total funding of $2.8M over 6 rounds. Its first funding round was on Sep 06, 2018. Its latest funding round was a Seed round on Apr 04, 2025 for $*****. 1 investor participated in its latest round. Devic Earth has 3 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Devic Earth:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 04, 2025
5748685
Seed
4859196
2862240
9189621
9967505
Mar 16, 2024
5671393
Seed
3970801
8712959
1783178
Aug 29, 2022
8362291
Grant (prize money)
3939931
2367846
2208558
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Devic Earth's founders and board of directors

Founder? Claim Profile
The founders of Devic Earth are Srikanth Sola, Shaguna Sinha and Shivani Sinha Sola. Srikanth Sola is the CEO of Devic Earth.
Here are the details of Devic Earth's key team members:

Devic Earth's Board of Directors

Devic Earth's board has 4 active members. Srikanth Sola, Shaguna Sinha and Shivani Sinha Sola are part of team and Paresh Nanubhai Trivedi is independent board member.
Here is the list of Devic Earth's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 6m
Team
-
Current
8y 6m
Team
-
Current
8y 6m
Independent board member
-
Current
5y 8m

Devic Earth's employee count trend

Devic Earth has 15 employees as of May 25. The total employee count is 50.0% more than what it was in May 24. Here is Devic Earth's employee count trend over the years:
Employee count trend for Devic Earth
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Devic Earth's Competitors and alternates

Top competitors of Devic Earth include Stratagroup, Florida Electrical Industries and Clairifier. Here is the list of Top 10 competitors of Devic Earth, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Devic Earth
Devic Earth
2018, Bengaluru (India), Seed
Provider of advanced air pollution reduction systems using pulsed radio frequency technology. This technology improves air quality over large areas at a low cost per unit area. The systems effectively reduce particulate matter concentrations in ambient conditions and require low maintenance. The technology is applicable across various industries including manufacturing, mining, and chemical processing. The systems are designed for large-scale deployment and offer real-time data access to monitor air quality improvements.
$2.8M
51/100
2nd
Logo for Stratagroup
Stratagroup
2016, Pune (India), Seed
Manufacturer of air purification system
-
32/100
3rd
Logo for Florida Electrical Industries
Florida Electrical Industries
1978, Delhi (India), Unfunded
Provider of air purification system
-
-
29/100
4th
Logo for Clairifier
Clairifier
2023, Mumbai (India), Unfunded
Provider of outdoor air purification systems
-
-
27/100
5th
Logo for InnoFlex
InnoFlex
2020, Eindhoven (Netherlands), Funding Raised
Manufacturer of photocatalytic systems for removing harmful industrial air pollutants
-
25/100
6th
Logo for Aereka
Aereka
2026, Noida (India), Unfunded
Developer of bio-electrostatic air purification systems for urban outdoor environments
-
-
25/100
7th
Logo for Purevento
Purevento
2003, Trittau (Germany), Unfunded
Providing outdoor air purifier
-
-
24/100
8th
Logo for Para PM
Para PM
1993, Colorado Springs (United States), Unfunded
Developer of air purification systems designed for outdoor and semi-open spaces
-
-
24/100
9th
Logo for BSC
BSC
2020, Chennai (India), Unfunded
Developer of outdoor air purification systems using multi-layer filtration techniques
-
-
22/100
10th
Logo for Jimco
Jimco
1993, Norway, Unfunded
Provider of industrial air purification and sterilization systems using UV-C and ozone
-
-
18/100
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Devic Earth's Latest cap tables and shareholding

Founders (largest shareholder) own 47.50%, Funds own 36.28%, Angels own 0.72% and ESOP Pool own 15.50%. The net worth of Devic Earth's founders is INR 32.5Cr as of Apr 04, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
47.50%
32.5Cr
9155711
2326344
5990607
6619987
7211073
9945096
7042340
6750186
1177892
6753176
2871237
9007266
7617679
6394769
8075128
2425623
Fund
36.28%
24.8Cr
2584147
5084484
2412124
3191295
8800251
5881844
7008635
9351149
7329014
2536583
20
75
76
36
63
73
Angel
0.72%
48.9L
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
ESOP Pool
15.50%
10.6Cr
2652114
9063392
8240516
8422109
Total
100.00%
68.3Cr
7172851
5271483
9961343
6713175
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Devic Earth's Shareholding

Devic Earth's Investments and acquisitions

Devic Earth has made no investments or acquisitions yet.

Reports related to Devic Earth

Here is the latest report on Devic Earth's sector:

News related to Devic Earth

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FAQs about Devic Earth

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