Traded: Venture Capital 🦄 on Instagram: "Temple, a New Delhi-based neurotechnology wearables startup, raised $54 million in seed funding at a post-money valuation of about $190 million. The round was led by founder Deepinder Goyal, with participation from Steadview Capital, Peak XV Partners, Info Edge Ventures, Vy Capital, Dharana Fund, and angel investors including Vijay Shekhar Sharma, Kunal Shah, Nithin Kamath, Nikhil Kamath, Akshant Goyal, Aditya Mangla, Kunal Swarup, Akriti Chopra, and Rahul Ganjoo; Temple plans to use the proceeds to scale operations and accelerate development of its precision neuro-wearable patch that monitors real-time cerebral blood flow and oxygenation for elite athletes. FOUNDER: Deepinder Goyal INVESTORS: Steadview Capital, Peak XV Partners, Info Edge Ventures, Vy Capital, Dharana Fund, Vijay Shekhar Sharma, Kunal Shah, Nithin Kamath, Nikhil Kamath, Akshant Goyal, Aditya Mangla, Kunal Swarup, Akriti Chopra, Rahul Ganjoo & Deepinder Goyal ROUND: Seed AMOUNT: $54,000,000 VALUATION: $190,000,000 HQ: New Delhi, India #VentureCapital #Temple #DeepinderGoyal #TradedVC"
Temple, a New Delhi neurotechnology wearables startup, raised $54 million in a seed round at a post-money valuation near $190 million. The company will use proceeds to scale and accelerate development of a precision neuro-wearable patch that monitors real-time cerebral blood flow and oxygenation for elite athletes; the round was led by founder Deepinder Goyal with participation from Steadview Capital, Peak XV Partners, Info Edge Ventures, Vy Capital, Dharana Fund, and several angel investors.
Why it mattersTemple's $54M seed for a cerebral blood flow neuro-wearable shows investor confidence; consider India sports biosensing exposure.
Entities Mentioned
TempleSteadview CapitalPeak XV PartnersInfo Edge VenturesVy CapitalDharana Fund
People Mentioned
Deepinder GoyalVijay Shekhar SharmaKunal ShahNithin KamathNikhil KamathAkshant GoyalAditya ManglaKunal SwarupAkriti ChopraRahul Ganjoo