CapGrid lands $4.9M pre-Series B at a 50% valuation jump
What's the deal? B2B manufacturing startup CapGrid Solutions has raised US$6.28M in a pre-Series B round led by new investor Hero Enterprise Partner Ventures. Existing backers Nexus Venture Partners, Anicut CapitalDealroom has a profile for this one. Try Dealroom →, Axilor Technology Fund, and Amit Jain also participated.
The breakdown: Hero Enterprise Partner Ventures contributed the bulk at US$5.2M. Axilor and Anicut put in US$407.4K each, while Nexus and Amit Jain added US$135.8K apiece. The company issued 2,888 compulsorily convertible preference shares at US$2.18K each, per regulatory filings.
Why it matters: The raise lifted CapGrid's post-money valuation more than 50%, to roughly US$58.4M. That compares with its $5 million Series A led by Anicut Capital in February 2025.
The cap table: After the allotment, Nexus Venture Partners remains the largest external shareholder at 18.08%, followed by Anicut Capital at 16.40% and Axilor VenturesDealroom has a profile for this one. Try Dealroom → at 11.94%. Co-founders Dheeraj Kumar Tiwari and Himanshu Singh Raghuvanshi each hold 18.63%.
The signal: A pre-Series B at a premium, backed almost entirely by returning investors plus one new lead, points to steady insider conviction in CapGrid as it pushes toward a larger round.
Read more: entrackr.com
Image credit: CapGrid Solutions
