Chennai-based EV motorcycle startup, Raptee, has raised $3 million in a pre-series A round led by deep-tech VC fund Bluehill Capital.
Bluehill Capital is an early-stage VC fund which has been investing actively in the clean-tech, sustainability, hardware-tech, industrial-tech and deep-tech spaces.
The all-equity funding round saw participation from Eugene Mayne, Founder and CEO of Tristar Global (UAE); Lakshmi Narayanan, Former CEO Cognizant; Ramesh Kannan, Managing Director, Kaynes Technology; Chandu Nair, Director, Shankara Building Products and other HNIs from India and the UAE.