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Newtrace develops electrolyzers for producing green hydrogen using renewable energy.
Newtrace Private Limited develops electrolyzer systems that use renewable energy to produce ultrapure green hydrogen. Its technology is intended for industries including oil refining, chemicals, and steel, as well as energy storage. Founded in 2021 by Prasanta Sarkar and Rochan Sinha, it is based in Bangalore, India. In March 2026, it raised USD 6.3 million in pre-series A funding from HDFC Capital Advisors, Mitsui Sumitomo Insurance Venture Capital, Peak XV's Surge, Aavishkaar Capital, Speciale Invest, and Micelio.
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