Saturday, 29 August 2026 PDT | 01:25 AM
The 1 News Alt Logo Text Smart News for Global Indians

Funding Wrap: Scooby Club, Nexedge Capital, InstaAstro raise fresh capital

Business August 29, 2026 01:01 PM
Funding Wrap: Scooby Club, Nexedge Capital, InstaAstro raise fresh capital

Funding Wrap: Scooby Club, Nexedge Capital, InstaAstro raise fresh capital

With August coming to an end, deeptech stole the funding spotlight, while AI, consumer, and faith-tech startups also kept investors busy. ETEntrepreneur brings a roundup of key deals below. WATER raises $2.5 mn funding led by Endiya Partners Physical AI startup WATER has raised $2.5 million in a funding round led by Endiya Partners, as it looks to build an intelligence layer for adaptive physical surfaces that can sense, understand and respond to the human body in real time.The round also saw participation from Pullela Gopichand, Rohit Chennamaneni, Nandan Reddy and other angel investors.The fresh capital will support WATER's technical validation, including testing whether its underlying model can transfer its understanding across different products and users.