Deep-tech engineering startup Hycosys has successfully raised over $1 million in a seed funding round led by MountTech Growth Fund – Kavachh. This funding will enable the Bengaluru-based startup to enhance its engineering team, access advanced testing facilities, and embark on the development of a micro gas turbine (MGT) that aims to offer a sustainable alternative to diesel-based power generators by mid-2027.
Hycosys, founded in 2024 by Tapish Agarwal and Ugandhar Reddy, specializes in designing fuel-flexible, low-emission micro gas turbine systems with a focus on clean power, mobility, and aerospace applications. The startup’s approach includes a hydrogen-optimized combustor, a 3D-printed heat recovery unit, and an advanced turbine design, all aimed at improving efficiency and reducing the system’s weight by up to 30% compared to existing solutions.
With plans to integrate their MGT technology with microgrids, commercial vehicle range extenders, and advanced propulsion units for drones and aircraft, Hycosys is aligning its efforts with India’s decarbonization goals, aiming to meet 50% of energy needs from non-fossil sources by 2030.
Source: Entrackr : Latest Posts