Elecbits Secures $5.5M Series A to Revolutionize Electronics Manufacturing in India

Elecbits, an electronics design and manufacturing startup, secured $5.5 million in Series A funding led by Nexus Venture Partners, with participation from SE Ventures Energy and Riverwalk Holdings. The funding will scale Elecbits XOR, its AI-enabled platform, expand engineering, and build manufacturing capacity. Founded in 2019, Elecbits offers end-to-end services, serving over 200 clients like Panasonic and Schneider Electric, and aims to scale manufacturing.