India Digest: S2.dev, Pulse, Armatrix raise fresh funding

India Digest: S2.dev, Pulse, Armatrix raise fresh funding

Armatrix founders

S2.dev has secured $3.85 million in a new funding round led by Accel; Pulse has raised $4 million in a seed funding round; while Armatrix has bagged $2.1 million in pre-seed funding round led by pi Ventures. 

Uncorrelated Ventures backs S2.dev

Data infrastructure startup S2.dev has secured $3.85 million in a new funding round led by Accel, with participation from Uncorrelated Ventures and other investors, according to media reports.

The company was previously backed by Y Combinator after being selected for its Fall 2025 batch. With the latest investment, S2.dev’s total funding to date stands at $5.5 million.

The fresh funds will be utilised to accelerate product development, expand its managed cloud service to more regions globally, and support early enterprise customers, per an Entrackr report.

Co-founded in 2024 by Shikhar Bhushan, Stephen Balogh, and Dwarak Govind Parthiban, S2.dev is a serverless datastore, offering unlimited streams and configurable (even bottomless) data retention. The platform offers durable, auto-scaling streams accessible via REST, combining object storage persistence with low-latency performance for developers.

Pulse raises $4m led by 3one4

Medical equipment startup Pulse has raised $4 million in a seed funding round led by venture capital firm 3one4 Capital. The funding also saw participation from Incubate Fund Asia, Stride Ventures, and angel investors including the founders of Blackbuck and Agrizy.

The company will use the funds to set up an R&D hub, accelerate product development, secure regulatory certifications, strengthen MSME manufacturing partners, and build distribution across India, per a press statement.

Founded in 2025 by Anshul Sharma and Nishant Goel, Pulse designs, sources, and delivers affordable, globally compliant medical equipment and consumables.

In its initial phase, Pulse is focused on serving mid-tier hospitals with 50-200 beds across India, offering products in select categories such as critical care and renal care. The company plans to subsequently expand into larger hospitals and corporate hospital chains while growing horizontally by adding more medical specialties and deepening product portfolios within each category.

pi Ventures backs Armatrix

Armatrix, a Bengaluru-based deeptech robotics startup, has raised $2.1 million in a pre-seed funding round led by pi Ventures, per a company announcement.

The funding also saw participation from Inuka Capital, Boundless Ventures, Boost VC, Turbostart, and returning investor gradCapital.

The funds will be used to complete development of its proprietary snake-like flexible robotic arm technology, expand the engineering and R&D team, and accelerate pilot deployments across industrial customers.

Founded in 2024 by three IIT Kanpur engineers Vishrant Dave, Prateesh Awasthi, and Ayush Ranjan, Armatrix specialises in building hyper-redundant, snake-like robotic systems. The company has built a functional 3-metre proof-of-concept arm and attracted institutional backing in under two years.

The company aims to automate operations in hazardous and confined environments across sectors such as shipbuilding, nuclear, oil & gas and aviation, where fatal injuries involving confined spaces have been reported.

Edited by: Joymitra Rai

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