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Mobility startup Tsuyo Manufacturing raises $4.5 million in a funding round led by Avaana Capital to expand its manufacturing facility and R&D efforts.

PRIVATEOct 29, 2025

Amount Raised

$4.5 Million

Round Type

Seed

New DelhiManufacturingAutomotive

Investors

Avaana Capital

Description

Mobility startup Tsuyo Manufacturing has raised $4.5 million in a funding round led by early-stage investment firm Avaana Capital. The company plans to use the funds to build a new manufacturing facility and establish a research and development centre. Additionally, they aim to expand their export operations and partnerships in Southeast Asia, Japan, Korea, and Europe. Founded in 2020, Tsuyo specializes in systems that power electric vehicles and has seen significant revenue growth over the last five years.

Quick answer

Tsuyo Manufacturing raised $4.5 Million in a Seed round, dated October 29, 2025. Investors: Avaana Capital. Tsuyo Manufacturing is based in New Delhi, Delhi, India.

How much did Tsuyo Manufacturing raise?
Tsuyo Manufacturing raised $4.5 Million in a Seed round on October 29, 2025.
Who invested in Tsuyo Manufacturing?
Avaana Capital is named as investors in this round.
What does Tsuyo Manufacturing do?
Tsuyo Manufacturing is a mobility startup founded in 2020 that designs and manufactures core systems for electric vehicles (EVs), such as motors and controllers for various types of vehicles including three- and..
Where is Tsuyo Manufacturing based and how big is it?
Tsuyo Manufacturing is based in New Delhi, Delhi, India.
Who are the decision-makers at Tsuyo Manufacturing?
Fundz holds 2 contacts at Tsuyo Manufacturing. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Manufacturing around the same time

Companies in the same sectors as Tsuyo Manufacturing that raised within 45 days of this round, from Fundz verified event records.

  • VisIC Technologies raised $26M (Series B) on December 10, 2025.
  • Ultraviolette raised $45M (Series E) on December 4, 2025.
  • Gauzy raised $12M (Funding Round) on December 2, 2025.
  • 3ev Industries raised $13M (Series A) on November 26, 2025.
  • X-Bow Systems raised $6M on November 14, 2025.
  • Harbinger raised $160M (Series C) on November 13, 2025.

Who to call at Tsuyo Manufacturing, and when

A new round usually means Tsuyo Manufacturing is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Tsuyo Manufacturing

Location

New Delhi, Delhi, India

About

Tsuyo Manufacturing is a mobility startup founded in 2020 that designs and manufactures core systems for electric vehicles (EVs), such as motors and controllers for various types of vehicles including three- and four-wheelers, trucks, and off-road vehicles. The company supplies components to notable automakers like Mahindra, Volvo, Eicher, and Sonalika. With a focus on innovation, Tsuyo has filed several patents related to its technology and aims to reduce reliance on rare-earth materials. Currently based in New Delhi, the company has experienced significant revenue growth and production capacity advancements.

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Tsuyo Manufacturing raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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