Newtrace Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 44

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $6.3M

  • Investors
  • 16

Newtrace General Information

Description

Developer of an electrolyzer technology designed to build commercially viable and scalable green hydrogen. The company's electrolyzer management technology integrates all the data from the plant's equipment into a single automated platform and supports flexible, high-current operations powered by renewables, enabling clients to produce green hydrogen at an affordable price.

Contact Information

Website
www.newtrace.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Number 23, 1st Cross, 2nd Main Road
  • Doddanekundi Industrial Area 2, Phase 1
  • Bangalore, Karnataka 560048
  • India
+91 080508
Primary Industry
Alternative Energy Equipment
Other Industries
Business/Productivity Software
Vertical(s)
CleanTech, Manufacturing, Climate Tech
Corporate Office
  • Number 23, 1st Cross, 2nd Main Road
  • Doddanekundi Industrial Area 2, Phase 1
  • Bangalore, Karnataka 560048
  • India
+91 080508

Newtrace Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Newtrace Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 17-Mar-2026 $6.3M Completed Generating Revenue
5. Accelerator/Incubator 30-Nov-2023 Completed Generating Revenue
4. Seed Round 31-May-2023 Completed Generating Revenue
3. Seed Round 14-Jun-2022 Completed Generating Revenue
2. Accelerator/Incubator 26-Feb-2021 Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view Newtrace’s complete valuation and funding history, request access »

Newtrace Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary Shares
Preference
Preference 3,267 $0.121481 $290.02 $290.02 1x $290.02 18.61%
To view Newtrace’s complete cap table history, request access »

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Newtrace Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an electrolyzer technology designed to build commercially viable and scalable green hydrogen. The company's
Alternative Energy Equipment
Bangalore, India
44 As of 2025

Bangkok, Thailand
 

Bengaluru, India
 
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Newtrace Competitors (3)

One of Newtrace’s 3 competitors is Ion Energy, a Venture Capital-Backed company based in Bangkok, Thailand.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ion Energy Venture Capital-Backed Bangkok, Thailand
Log9 Materials Venture Capital-Backed Bengaluru, India
Ohmium Venture Capital-Backed Newark, CA
You’re viewing 3 of 3 competitors. Get the full list »

Newtrace Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • 3

    Pending

  • Expiring in next 12 mo

Newtrace Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202416555-D0 Method for manufacturing electrode Pending 16-Aug-2024
GB-2643466-A Method for manufacturing electrode Pending 16-Aug-2024
EP-4627137-A1 Membraneless flow-by electrolytic reactor Pending 08-Nov-2022
WO-2024100678-A1 Membraneless flow-by electrolytic reactor Inactive 08-Nov-2022
JP-2024011488-A Communication system in virtual space Active 14-Jul-2022
To view Newtrace’s complete patent history, request access »

Newtrace Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Newtrace Investors (16)

Investor Name Investor Type Holding Investor Since Participating Rounds
HDFC Bank Corporation Minority
Angel (individual) Minority
Mitsui Sumitomo Insurance Corporation Minority
Angel (individual) Minority
Surge (Accelerator) Accelerator/Incubator Minority
You’re viewing 5 of 16 investors. Get the full list »

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Newtrace FAQs

  • When was Newtrace founded?

    Newtrace was founded in 2020.

  • Where is Newtrace headquartered?

    Newtrace is headquartered in Bangalore, India.

  • What is the size of Newtrace?

    Newtrace has 44 total employees.

  • What industry is Newtrace in?

    Newtrace’s primary industry is Alternative Energy Equipment.

  • Is Newtrace a private or public company?

    Newtrace is a Private company.

  • What is Newtrace’s current revenue?

    The current revenue for Newtrace is .

  • How much funding has Newtrace raised over time?

    Newtrace has raised $13M.

  • Who are Newtrace’s investors?

    HDFC Bank, , Mitsui Sumitomo Insurance, , and Surge (Accelerator) are 5 of 16 investors who have invested in Newtrace.

  • Who are Newtrace’s competitors?

    Ion Energy, Log9 Materials, and Ohmium are competitors of Newtrace.

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