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Whizzo, a materials science manufacturing company, has raised $4.2 million in its seed round led by Lightspeed, with participation from BEENEXT.
The proceeds will be used to drive advancements in materials science R&D, establish a design lab for fashion-engineered textiles, and strengthen its supply chain infrastructure across India, Vietnam, China, Bangladesh, and Indonesia.
Founded in 2024 by a former Zetwerk executive Shrestha Kukreja, Whizzo creates proprietary textile blends, including cellulosic and polymer-based fibers, that are tailored to diverse industry needs, significantly reducing time-to-market.
“By creating proprietary blends and leveraging a cross-border Contract Development and Manufacturing Organization (CDMO) model, we aim to address critical gaps and transform the textile industry through innovation, sustainability, and global connectivity,” said Kukreja.
Recently, Sanlayan Technologies, a startup founded by former Zetwerk employees, acquired a majority stake in Dexcel Electronics.