Press Release

Sunicon Ventures led the funding round for Suind

Sunicon Ventures, one of the leading early-stage India-focused venture capital firms, has led the seed funding round of INR 5 crore for Suind. The round also saw participation from Zetta Farms and other prominent angel investors. Suind is an innovative DroneTech start-up revolutionizing agriculture through AI and offering a comprehensive solution for real-time crop monitoring and treatment.

SUIND, founded in 2020 by Kunal Shrivastava and Kevin Kleber, is based in Bangalore and Zurich; the startup is standing at the forefront of AI-driven agriculture technology. The infusion of newly raised capital will empower SUIND to accelerate technological advancements, enhance the scalability of its AI-driven crop protection platform, and expand its market penetration in both the Indian and European markets.

“Our extensive research into SUIND’s technology revealed a remarkable differentiator in the Indian Agritech landscape” said Saloni Jain, Managing Partner, Sunicon Ventures. “SUIND’s innovative solutions represent a significant leap towards enhancing agricultural efficiency and sustainability. With founders boasting strong backgrounds and an unwavering passion, SunICON Ventures is thrilled to actively contribute to SUIND’s growth journey.”

Kunal Shrivastava, Co-Founder and CEO, SUIND said, This funding marks a pivotal moment for SUIND. We are excited to have amazing names like SunICON and Zetta Farms, along with our esteemed angel investors, backing us on this journey. This investment propels us to drive the next wave of innovation in agriculture technology, and we are committed to making a lasting impact on global farming practices.”

Going beyond innovation, Suind’s mission is to revolutionize crop protection by seamlessly integrating drones, computer vision, and data analytics. The company specialises in developing low-power vision-based AI for drones allowing its drones to operate fully autonomously in challenging plantation terrains like tea, rubber, fruit orchards etc. The company’s technology promotes sustainable farming practices by minimizing chemical usage and optimizing resource allocation.

 

About SunICON Ventures:

SunICON Ventures is a SEBI registered category II fund investing in early-stage start-ups in India. Based in Mumbai, SunICON focuses on selectively investing in companies and partnering through their growth journey. The venture capital firm aims to support visionary founders who push boundaries, conceive innovative ideas, and aspire to grow globally. SunICON Ventures is sector-agnostic with a keen interest in Agri-Tech, Blockchain, AI/ML, Consumer, Healthcare, Ed-Tech, SaaS, Fin-Tech and others.

 

About SUIND:

Suind is a pioneering AI-driven agricultural technology start-up, operates from both Bangalore and Zurich. Founded in 2020, the company’s core mission is to revolutionize crop protection by integrating drones, computer vision, and data analytics seamlessly. Suind is dedicated to optimizing crop health, lessening environmental impact, and promoting sustainable agricultural practices.