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Micelio Fund is a venture capital firm based in Bangalore, India, established in 2018. It operates as the first venture capital fund in India exclusively dedicated to fostering innovation within the clean mobility ecosystem. The firm focuses on investing in early-stage, innovative startups that are developing solutions for the electric vehicle (EV) sector and broader clean mobility technologies.
With a $30 million seed fund, Micelio Fund aims to support companies from concept to market success. Its investment strategy targets radical and sustainable advancements, contributing to the growth and evolution of the clean mobility landscape.
Key people at Micelio Fund.
Micelio Fund primarily invests in early-stage, innovative startups within the clean mobility and electric vehicle (EV) ecosystem, with a particular focus on radical and sustainable innovation in India.
Beyond direct investment, Micelio supports clean mobility through initiatives like the Micelio Discovery Studio, which provides testing and validation facilities for new technologies, and the Micelio Community, which fosters connections within the ecosystem.
Micelio Fund primarily invests in early-stage, innovative startups within the clean mobility and electric vehicle (EV) ecosystem, with a particular focus on radical and sustainable innovation in India.
Beyond direct investment, Micelio supports clean mobility through initiatives like the Micelio Discovery Studio, which provides testing and validation facilities for new technologies, and the Micelio Community, which fosters connections within the ecosystem.
Micelio Fund, founded in 2018, is an Indian venture capital firm with a specialized focus on the clean mobility sector. Positioned as the first of its kind in India, the fund is dedicated to enabling radical and sustainable innovation within this rapidly evolving ecosystem. It seeks to identify and support companies that are developing groundbreaking solutions in clean transportation.
The firm's investment mandate centers on early-stage, innovative startups operating within the electric vehicle (EV) ecosystem. Micelio Fund provides capital to these ventures, aiming to accelerate their development and market penetration. This strategic financial support is designed to help promising clean mobility technologies and business models scale effectively.
Micelio Fund manages a $30 million seed fund specifically allocated to its clean mobility initiatives. This capital is deployed to foster innovation and growth among its portfolio companies. The fund's approach extends beyond mere investment, seeking to build a robust ecosystem around its ventures.
Beyond direct funding, Micelio also supports the clean mobility sector through initiatives like the Micelio Discovery Studio. This facility provides testing and validation capabilities for new clean mobility technologies, complementing the fund's investment activities. The broader Micelio ecosystem, including the Micelio Community, works to connect and empower stakeholders in the clean mobility space, aiming to guide concepts to successful implementation.
Key people at Micelio Fund.
Micelio Fund has 11 tracked investments across 7 companies. The latest tracked deal is $6.2M Pre-Series A in Newtrace in March 2026.