Venture Catalysts Leads Pre-seed Funding Round For SuperUs
The pre-seed funding will enable SuperUs to further develop its technology, expand its team of experts, and accelerate its go-to-market strategy
Venture Catalysts, an integrated incubator and accelerator platform, participated as a lead investor in a pre-seed funding round for SuperUs, an innovative tech original equipment manufacturer (OEM) revolutionising the display technology landscape.
The funding round saw participation from several notable investors, including Z Nation Lab Growth Fund Scheme I, Pravaha Creations, Singhvi Heritage LLP, and Pranjal Corporate Services. This diverse group of investors brings valuable expertise and resources to support SuperUs's growth trajectory, said the press release.
The pre-seed funding will enable SuperUs to further develop its technology, expand its team of experts, and accelerate its go-to-market strategy. The company plans to focus on enhancing its business-to-business (B2B) and business-to-government (B2G) offerings while exploring new applications for its innovative display solutions.
Ali Hussain Cochin, Founder, SuperUs, expressed his vision for the company, and said, “At SuperUs, we are committed to localising technology to build devices in India for Indian businesses. Our goal is to build devices for connected business ecosystems, providing industry-centric solutions that enhance productivity and streamline operations. This funding will enable us to accelerate our R&D efforts, enhance our production capabilities, and strengthen our position in the global display technology market.”
SuperUs claimed that it is making its mark in a rapidly expanding global market. The digital signage market alone is projected to reach USD 35.94 billion by 2026. Meanwhile, the E-paper Display Market is expected to reach USD 28.16 billion by 2030.
SuperUs stated that it is committed to localising device manufacturing under the 'Make in India' initiative, with full in-house capabilities to build devices from scratch. Operating from its 30,000 square fit factory in Vapi, Gujarat, SuperUs features 8 hybrid, flexible production lines, enabling end-to-end production.
Apoorva Ranjan Sharma, Co-founder, Managing Director, Venture Catalysts, said, “SuperUs represent the future of display technology. Their innovative approach to creating sustainable, energy-efficient solutions aligns perfectly with the growing global demand for eco-friendly tech innovations. We believe their product range has the potential to transform how businesses and cities manage information displays across various sectors.”
