Newtrace

Active#20 worldwide · Hydrogen

Estimated valuation · Hydrogen · India

Develops low-cost electrolysers and 'Voltagen' electrode materials that produce ultrapure green hydrogen, aiming to cut production costs for Indian industrial users.

Energy & climate›Hydrogen newtrace.io

HQIndia

Last roundPre-Series A · Mar 2026

Estimated valuation

AI · Hydrogen ranking (worldwide)

≈ USD 33MUSD 26–41M · Tens of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Pre-Series A · USD 6.3M · Mar 2026

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Hydrogen · worldwide	Top 21	#20	Edition 0 · Oct 2026	14 Feb 2027

Rank historyOct 2026 · #20 HydrogenFirst edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Mar 2026	Pre-Series A	USD 6.3M	Equity	HDFC Bank, Mitsui Sumitomo Insurance Venture Capital

INR 56.93 crore.

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

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What the AI reads

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.