IIT Delhi-incubated deeptech startup Green Aero secures 1.6 million from pi Ventures

Green Aero, a deeptech startup incubated at IIT Delhi, has raised $1.6 million in a seed funding round led by pi Ventures, with participation from Antler, to develop next-generation propulsion systems for defence and hydrogen-powered civil aviation. With India largely reliant on imported turbine engines, the startup sees an opportunity to build indigenous propulsion systems.

The company recently announced that it had test-fired India’s first hydrogen-based aero engine. The funding will support Green Aero’s research and development (R&D) efforts…