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NewTrace

NewTrace

Private
Bangalore UrbanEnergy & Sustainabilityhttps://www.newtrace.io/

Last Round

Early Funding

Mar 10, 2026

Est. Valuation

$30M

Total Funding Raised

$19.25M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

NewTrace is a cleantech company that develops and manufactures advanced electrolyzer technology and electrode components to make green hydrogen production scalable and commercially viable.

Sector

Energy & Sustainability

Verticals

Alternative Fuels, Renewable Energy, Clean Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

green hydrogenelectrolyzerhydrogen productionindustrial decarbonizationelectrolyzer electrodesmembraneless electrolyzerPGM-free electrodesclean techhydrogen economyclimate techdeep tech hardwarerenewable energyelectrolyzer stack

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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NewTrace Comps

Public and private peers based on sector, stage, and business model.

NewTrace comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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NewTrace Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingMar 10, 2026
Early FundingMar 10, 2024
SeedMay 31, 2023
Pre SeedJun 14, 2022

Key People

Founding team and executive leadership

Rochan Sinha

Co-Founder & CTO

Founding Team

Prasanta Sarkar

CEO & Co-founder

Founding Team

NewTrace Investors

Notable investors and investment history

NewTrace investors
InvestorRounds
SurgeEarly Funding
IKP Knowledge ParkSeed
Peak XV PartnersEarly Funding, Seed
Micelio MobilityEarly Funding, Pre Seed
Speciale InvestSeed, Early Funding, Pre Seed
MS&AD VenturesEarly Funding
Mitsui Sumitomo Insurance Capital Co., Ltd.Early Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 20, 2026

    Achieved post-revenue milestones in under two years.

  • Mar 10, 2026

    $6.3M raised in early funding.

NewTrace Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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NewTrace Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about NewTrace's valuation, stock price, and market status.

Firmographic Details

HeadquartersBangalore Urban
Employee Range47
Year Founded2020
Last FundingMar 10, 2026

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