_1575006055343.png?format=webp&height=120&width=120){kind=logo}
About AWE Funds
AWE Funds is a venture capital firm founded in 2019. It is primarily based out of Troy, United States. As of Jun 2026, AWE Funds is an active investor, having invested in 10 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from HealthTech to High Tech and Enterprise Applications. Most recently it participated in the $***** Seed round of IKIN Global Overall, AWE Funds portfolio has seen 1 acquisition, namely IKIN Global. A lot of funds co-invest with AWE Funds, with names like Divya Sampath sharing a substantial percentage of its portfolio. AWE Funds has team of 8 people including 1 partners.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Deals in last 12 months
AWE Funds' List of Top Investments
AWE Funds has a portfolio of 10 companies. Their most notable investments are in EyeROV and DigitalPaani.Their portfolio spans across India, United Kingdom and United States. They have invested in HealthTech, High Tech, Enterprise Applications and 9 other sectors, across stages such as Seed stage. Here is the list of top investments by AWE Funds:1. EyeROV
Provider of autonomous underwater vehicles and data analytics platform services. The company delivers remotely operated vehicles for underwater inspections across various industries. These vehicles support dam and tunnel surveys, pipeline monitoring, and marine research. The company also offers a visualization and analytics platform for collected data.
Key facts about EyeROV
- Founded Year: 2016
- Location: Kochi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.44M
- Employee Count: 54 as on Aug 31, 2025
- Investors: GAIL, Startup Reseau and 13 Others
- Latest Funding Round: Seed, Feb 04, 2026, $*****
- Highlight: Editors' Pick
2. Uravu Labs
Developer of thermal infrastructure systems that generate water from heat. These systems utilize waste heat from industrial processes and server facilities to extract moisture from the atmosphere. The technology functions by absorbing water vapor into a liquid salt medium, which is then regenerated using heat to produce distilled water. This process provides cooling for facilities while simultaneously creating a water supply as a byproduct. The equipment is designed for integration into data centers and industrial environments to manage thermal loads and water output.
Key facts about Uravu Labs
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $6.07M
- Employee Count: 45 as on Nov 30, 2025
- Investors: Rocketship, LetsVenture and 43 Others
- Latest Funding Round: Seed, Mar 29, 2025, $*****
- Highlight: Editors' Pick
Ambulatory cardiac monitoring devices and solutions. It offers Holter monitors, external loop recorders, and mobile cardiac telemetry devices for continuous heart monitoring. The company provides diagnostic reporting services using proprietary tools and a review process to identify relevant events. It provides accurate tracing and annotations to assist physicians in diagnosing and treating heart conditions. It focuses on improving diagnostic yield through a redesigned clinical reporting workflow.
Key facts about Monitra Healthcare
- Founded Year: 2016
- Location: Hyderabad (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $3.76M
- Employee Count: 41 as on Jul 31, 2025
- Investors: IKP Knowledge Park, Equanimity Investments and 59 Others
- Latest Funding Round: Series A, Sep 30, 2025, $*****
- Highlight: Editors' Pick
4. FreshoKartz
Provider of an online social commerce platform for farmers and agribusinesses. It provides Agri Inputs, market linkages, finance, and soil testing services to farmers through a network of resellers. It also offers data analytics solutions, value chain financing, crop advisory, and farmer data management solution through its platform.
Key facts about FreshoKartz
- Founded Year: 2016
- Location: Jaipur (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.75M
- Employee Count: 14 as on Aug 31, 2025
- Investors: IVY Growth Associates, Rajasthan Venture Capital Fund and 64 Others
- Latest Funding Round: Angel, Apr 07, 2026, $*****
5. DigitalPaani
Provider of software platforms for managing industrial water treatment plants. This technology integrates sensor data and electrical panel inputs to monitor operational parameters for sewage and effluent treatment systems. The platform automates equipment control, manages maintenance workflows, and tracks chemical inventory to ensure regulatory compliance. It provides real-time notifications and reporting to assist onsite teams with plant operations and troubleshooting. The system supports various water treatment technologies including filtration, reverse osmosis, and sludge handling processes.
Key facts about DigitalPaani
- Founded Year: 2020
- Location: Gurugram (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.43M
- Employee Count: 46 as on Apr 30, 2026
- Investors: Elemental, Angel List and 14 Others
- Latest Funding Round: Seed, Apr 21, 2026, $*****
- Highlight: Editors' Pick
AWE Funds' Year-on-Year Investment Trends
AWE Funds has invested in 10 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in IKIN Global and most recent follow-on round was in KBCols Sciences.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 0 | 1 | 1 |
2024 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 2 | 0 | 2 |
AWE Funds' Investments by Stage
AWE Funds has made 8 investments in Seed stage with an average round size of $1.07M.AWE Funds' Investments by Sector
AWE Funds has a diverse portfolio, with companies operating in the High Tech, Sustainability Tech, Environment Tech, Enterprise Applications and HealthTech. Notably, it has invested in 10 Tech companies, 9 Enterprise (B2B) companies, 5 Software companies and at least 4 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 4 |
Sustainability Tech | 4 |
Environment Tech | 3 |
Enterprise Applications | 2 |
HealthTech | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
AWE Funds' Investments by Geography
AWE Funds has made most investments in India (8).AWE Funds' recent investments
AWE Funds has made 3 investments in 2026 so far. IKIN Global and DigitalPaani are the latest among them.Here are the most recent investments by AWE Funds:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 24, 2026 | India | Seed | 7164 | [+1] | |
Apr 21, 2026 | India | Seed | 8863 | ||
Feb 04, 2026 | India | Seed | 4361 | ||
Jun 23, 2025 | India | Seed | 3323 | [+1] | |
Oct 19, 2024 | India | Seed | 9674 | [+1] |
Acquired companies in AWE Funds' Portfolio
1 company from AWE Funds' portfolio has been acquired. The most recent acquisition was IKIN Global in Mar 2022 by Openapp for $*****.Here are AWE Funds' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 04, 2022 | Jun 24, 2026 | Seed | 2078 |
Team profile of AWE Funds
AWE Funds has a team of 8 members located in United States. AWE Funds' team does not sit on the board of any company as of now.Co-investors of AWE Funds
Over the past 6 years, 265 investors have co-invested in AWE Funds's portfolio companies. This includes funds and angels.
- Invested before AWE Funds: Unicorn India Ventures, Venture Catalysts and 161 others have invested in rounds before AWE Funds. There are 2 companies where Unicorn India Ventures has invested before AWE Funds and 2 companies where Venture Catalysts has invested before AWE Funds.
- Top Co-investors of AWE Funds: 51 investors entered a company along with AWE Funds. These include investors like Divya Sampath (2 companies).
- Invested after AWE Funds: A total of 51 investors have invested in AWE Funds's portfolio after their investments. Top Investors include Enrission India Capital (1 company), iSTEEL (1 company) and Firstport Capital (1 company).
Recent News related to AWE Funds
•
Ikin Global Secures $2 Million Pre-Series A2 Funding for International Expansion and Product DevelopmentBusiness Line•Jun 24, 2026•IKIN Global, AWE Funds, Unicorn India Ventures, Callapina and 1 other
•
•
Favcy VB’s 10th anniversary drives Rs 40 Cr in startup investmentsEntrackr•Feb 11, 2025•Favcy, AWE Funds, Good Capital, IIMA Ventures
•
AWE Funds bolsters Investment Committee with industry veteran Arun SethPeople Matters•Nov 20, 2024•AWE Funds
•
Uravu Secures Funding from AWE Funds to Scale Zero-Carbon Water SolutionsIndia CSR Network•Oct 21, 2024•Uravu Labs, AWE Funds, Speciale Invest, Anicut Capital
•
•
Women-Focused AWE Funds Ups Target For Maiden Vehicle, Plans Second OutingVCCircle•May 31, 2024•AWE Funds
•
Remote Heart Monitoring Platform Monitra Healthcare Raises USD 500K in Pre-Series A funding, Led by 91Ventures and Lavni VenturesTeam Marksmen Network Pvt Ltd•Aug 04, 2023•Monitra Healthcare, 91 Ventures, Lavni Ventures, ACG Group and 3 others
•
KBCols Sciences gets Rs 10 crore funding led by VC fund NabventuresZEE Business•Jun 30, 2023•KBCols Sciences, NABVENTURES, Chiratae Ventures, Axilor Ventures and 1 other
•
