NeeV II Fund picks minority stake in climate-tech company Solinas

Neev II Fund, managed by SBICAP Ventures Limited, has picked a significant minority stake in Solinas Integrity Pvt Ltd (Solinas), a climate-tech company.

Established in 2018, Solinas develops robotic and Artificial Intelligence (AI) solutions for the water and sanitation industry, with a focus on detecting defects and leakages in water and sewer pipelines, assessing their condition and eliminating manual scavenging through mechanized cleaning of manholes and septic tanks.