About Micelio
Micelio is a venture capital firm founded in 2018. It is primarily based out of Bengaluru, India. As of Mar 2026, Micelio has invested in 12 companies. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Environment Tech to High Tech and Transportation and Logistics Tech. Most recently it participated in the $***** Seed round of NewTrace A lot of funds co-invest with Micelio, with names like Anicut Capital sharing a substantial percentage of its portfolio. Micelio has team of 18 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Deals in last 12 months
Micelio's List of Top Investments
Micelio has a portfolio of 12 companies. Their most notable investments are in Sheru and Sheru.Their portfolio spans across and India. They have invested in Environment Tech, High Tech, Transportation and Logistics Tech and 8 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Micelio:1. ePlane
Developer of electric vertical takeoff and landing aircraft for urban air mobility. This company designs and manufactures electric air taxis intended to alleviate traffic congestion. The aircraft are designed for intra-city travel, offering a faster, quieter, and more sustainable alternative to traditional transportation methods. The focus is on creating a safe and efficient aerial mobility solution for both passengers and cargo.
Key facts about ePlane
- Founded Year: 2019
- Location: Chennai (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $30.5M
- Employee Count: 135 as on Aug 31, 2025
- Investors: 3one4 Capital, Valour Capital and 92 Others
- Latest Funding Round: Series B, Dec 24, 2025, $*****
- Highlight: Editors' Pick
2. Moonrider
Manufacturer of electric tractors and battery technology. The company develops advanced electric farm machinery and proprietary battery systems designed to improve agricultural productivity and operational efficiency. By focusing on electric drivetrain innovation and thermal management solutions, the business provides sustainable alternatives to traditional diesel-powered equipment for various industrial and agricultural applications. PF = Yes
Key facts about Moonrider
- Founded Year: 2023
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $8.38M
- Employee Count: 89 as on May 01, 2026
- Investors: Smile Group, Transport Corporation of India and 20 Others
- Latest Funding Round: Series A, Dec 03, 2025, $*****
- Highlight: Editors' Pick
3. MiniMines
Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions. The company develops processes to obtain commodities from end-of-life lithium-ion batteries and battery manufacturing scrap. It offers a hybrid hydrometallurgy process for recycling lithium-ion batteries. The company aims to provide battery-grade materials for re-entry into the supply chain.
Key facts about MiniMines
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $5.01M
- Employee Count: 74 as on Aug 31, 2026
- Investors: Pegasus, Pawan Munjal Family Trust and 23 Others
- Latest Funding Round: Grant (prize money), Sep 02, 2025, $*****
- Highlight: Editors' Pick
Manufacturer of battery cell technology designed to reduce thermal heating. This technology utilizes three-dimensional electrode architectures to facilitate faster charging cycles. The design approach focuses on mitigating cell degradation and improving safety during high-current operations. The hardware is compatible with various lithium-ion and sodium-ion chemistries to support energy storage applications.
Key facts about e-TRNL Energy
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.95M
- Employee Count: 36 as on May 31, 2026
- Investors: Indian Angel Network, Navam Capital and 19 Others
- Latest Funding Round: Seed, Dec 06, 2025, $*****
- Highlight: Editors' Pick
5. ElectricPe
Retailer of electric scooters providing maintenance and component level support. These vehicles operate without registration or licensing requirements. The business maintains physical outlets to facilitate vehicle sales and technical repairs. Services include battery, motor, and controller maintenance along with the provision of replacement parts.
Key facts about ElectricPe
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $11.4M
- Employee Count: 66 as on Apr 30, 2026
- Investors: Valour Capital, NB Ventures and 83 Others
- Latest Funding Round: Seed, Jul 30, 2024, $*****
- Highlight: Editors' Pick
Micelio's Year-on-Year Investment Trends
Micelio has invested in 12 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Turiyam.ai and most recent follow-on round was in NewTrace.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 1 | 2 | 3 |
2024 | 3 | 2 | 5 |
2023 | 1 | 4 | 5 |
2022 | 2 | 2 | 4 |
2021 | 4 | 1 | 5 |
2020 | 1 | 0 | 1 |
Micelio's Investments by Stage
Micelio has made 10 investments in Seed stage with an average round size of $1.83M and 2 investments in Series A stage with an average round size of $4.97M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 2 |
Note: We have considered here, only first round of investments
Micelio's Investments by Sector
Micelio has a diverse portfolio, with companies operating in the Energy Tech, Sustainability Tech, Environment Tech, High Tech and Auto Tech. Notably, it has invested in 12 Tech companies, 10 Enterprise (B2B) companies, 7 Tech hardware companies and at least 6 companies focusing on Software.Sector | No. of Investments |
|---|---|
Energy Tech | 9 |
Sustainability Tech | 9 |
Environment Tech | 8 |
High Tech | 8 |
Auto Tech | 6 |
Others | 14 |
Note: We have considered here, only first round of investments
Micelio's Investments by Geography
Micelio has made most investments in India (12).Micelio's recent investments
Micelio has made 1 investments in 2026 so far - NewTrace.Here are the most recent investments by Micelio:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 10, 2026 | India | Seed | 4895 | ||
Dec 06, 2025 | India | Seed | 1537 | [+13] | |
Dec 03, 2025 | India | Series A | 4514 | [+7] | |
Sep 15, 2025 | India | Seed | 1880 | ||
Dec 14, 2024 | India | Seed | 2776 | [+1] |
Team profile of Micelio
Micelio has a team of 18 members including 1 Partner and 11 Principals located in India. Micelio's team does not sit on the board of any company as of now.Here is a list of top team members in Micelio:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bengaluru | - | ||
Principal | Bengaluru | - | - | |
Principal | Bengaluru | - | - | |
Principal | Guwahati | - | - | |
Principal | Bengaluru | - | ||
Principal | Bengaluru | - | - | |
Principal | Bengaluru | - |
Co-investors of Micelio
Over the past 6 years, 385 investors have co-invested in Micelio's portfolio companies. This includes funds and angels.
- Invested before Micelio: IIMA Ventures, Ridhish Talwar and 124 others have invested in rounds before Micelio. There are 2 companies where IIMA Ventures has invested before Micelio and 2 companies where Ridhish Talwar has invested before Micelio.
- Top Co-investors of Micelio: 102 investors entered a company along with Micelio. These include investors like Anicut Capital (2 companies).
- Invested after Micelio: A total of 157 investors have invested in Micelio's portfolio after their investments. Top Investors include Angel List (3 companies), Manish Prataprai Gandhi (2 companies) and Infinyte Club (2 companies).
Recent News related to Micelio
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Newtrace Raises $6.3 Mn To Commercialise Green Hydrogen TechInc42•Mar 10, 2026•Mitsui Sumitomo Insurance, NewTrace, HDFC Bank, Aavishkaar Capital and 4 others
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Newtrace to raise pre Series A funding led by HDFC BankEntrackr•Feb 24, 2026•Bank.in, NewTrace, Mitsui Sumitomo Insurance, Peak XV Partners and 5 others
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Electric Tractor Startup Moonrider Secures $6M in Series A RoundViestories•Dec 03, 2025•Moonrider, Singularity AMC, pi Ventures, Moon Rider and 3 others
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Stride Green raises $3.5 Mn in seed roundEntrackr•Jun 05, 2025•Stride Green, Micelio, Incubate Fund India
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Electric tractor startup Moonrider raises $2.2 Mn in seed roundEntrackr•Jan 07, 2025•Moonrider, AdvantEdge, Micelio
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EV maker Oben Electric raises $6 million in funding to expand ...Indian Startup News•Jan 07, 2025•Moonrider, AdvantEdge, Micelio
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The ePlane Company Raises $14 Mn To Advance eVTOL DevelopmentInc42•Nov 14, 2024•E-plane, Speciale Invest, Antares Ventures, Java Capital and 7 others
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ElectricPe raises $3 mn pre-Series A funding led by Green Frontier CapitalIndiatimes•Jul 30, 2024•ElectricPe, Green Frontier Capital, Blume Venture, Micelio and 1 other
