Minimac Systems raises ₹30 crore Pre-Series A led by Rainmatter
The industrial lubricant company plans regional Recycling on Wheels hubs and further development of fluid monitoring and treatment.
Scaling mobile treatment and fluid analytics
Rainmatter led Minimac Systems’ ₹30 crore pre-Series A, with other venture firms participating. The capital will fund research in miniaturised treatment infrastructure, fleet automation and fluid analytics.
Minimac also plans regional hubs for Recycling on Wheels and stronger commercial and operating capabilities. The expansion builds on its existing combination of lubricant monitoring, mobile fluid restoration and routing of unrecoverable oil to re-refiners.
Use of funds
Advance R&D in miniaturised treatment infrastructure, fleet automation and fluid analytics
Scale Recycling on Wheels through regional hubs
Strengthen commercial, digital and operational capabilities