What is Atomberg?
Atomberg Technology Pvt Ltd, founded in 2012 and headquartered in Navi Mumbai, India, is at the forefront of developing and manufacturing energy-efficient ceiling fans. The company has established a strong presence by focusing on sustainable and technologically advanced home appliances. Its commitment to innovation in the consumer durables market positions it as a key player, addressing the growing demand for eco-friendly and high-performance products.
How much funding has Atomberg raised?
Atomberg has raised a total of $126.4M across 5 funding rounds:
Unspecified
$1M
Series A
$10M
Series B
$9.4M
Unspecified
$20M
Series C
$86M
Unspecified (2016): $1M with participation from Parampara Capital
Series A (2019): $10M led by A91 Partners, Whiteboard Venture Partners, and Survam Partners
Series B (2020): $9.4M supported by Survam Partners, Trifecta Capital Services, and A91 Partners
Unspecified (2021): $20M featuring Inflexor, Jungle Ventures, and A91 Partners
Series C (2023): $86M backed by Temasek and Steadview Capital
Key Investors in Atomberg
Temasek
Temasek is a global investment company headquartered in Singapore. It plays a significant role in various industries, focusing on long-term value creation and sustainable investments.
Steadview Capital
Steadview Capital partners with visionary founders to build generational companies in the US and India, focusing on both public and private markets. The firm employs an integrated investing framework and is embedded locally with entrepreneurs in San Francisco and Mumbai.
Inflexor
Inflexor Ventures is a technology-focused venture capital firm that invests in next-generation tech startups led by innovative founding teams, aiming to support audacious founders who are building companies that will define the future.
What's next for Atomberg?
With its recent major strategic investment, Atomberg is poised for accelerated growth and market penetration. The company's focus on energy-efficient technology aligns with global sustainability trends, suggesting a strategic direction towards expanding its product line and enhancing its manufacturing capabilities. Future endeavors will likely involve scaling operations, further research and development into smart home appliances, and potentially exploring new geographical markets to solidify its position as a leader in the energy-efficient home appliance industry.
See full Atomberg company page
