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Newtrace

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Builds electrolyzers to produce environmentally friendly hydrogen

Bengaluru, IndiaFounded 2020Energy
Valuation $25–50M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Newtrace

NewTrace is revolutionizing the green hydrogen market by developing next-generation electrolyzers that produce hydrogen through water electrolysis using renewable electricity. These electrolyzers are designed to be 5x cheaper and scalable to meet global demand, thanks to a proprietary design, 3D printing, and autonomous manufacturing processes. The company operates in the renewable energy sector, serving industries and businesses looking to transition to sustainable energy solutions. NewTrace's business model focuses on selling these advanced electrolyzers and providing an energy management system (EMS) that includes demand prediction, effective hydrogen production, and predictive analytics. This approach allows for rapid scaling, with modular reactors that can be deployed in months instead of decades. The company generates revenue through the sale of its electrolyzers and associated EMS services.

Source: Dealroom company data

At a glance

Founded
2020
Headquarters
Bengaluru, India
Sector
Energy

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

  • Speciale Invest
  • Micelio
  • Aavishkaar Capital
  • Ashish Goel.
  • IKP Knowledge Park
  • Peak XV Partners
  • HDFC
  • Mitsui Sumitomo Insurance Company
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇮🇳 India100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Newtrace on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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