{"id":956248,"date":"2025-08-20T07:38:38","date_gmt":"2025-08-20T02:08:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=956248"},"modified":"2025-08-20T07:48:30","modified_gmt":"2025-08-20T02:18:30","slug":"biotech-startup-peelon-raises-1-million-in-funding-round-led-by-growx-ventures","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/20\/biotech-startup-peelon-raises-1-million-in-funding-round-led-by-growx-ventures\/","title":{"rendered":"Biotech startup PeelOn raises $1 million in funding round led by GrowX Ventures"},"content":{"rendered":"<p>Biotech startup PeelOn has raised $1 million in its maiden funding round led by deeptech-focussed venture capital (VC) firm GrowX Ventures. The company is currently valued at $7.9 million. <\/p>\n<p>The round also saw participation from Boston Venture Group, Clean Energy Venture Group, and Climate Angels. <\/p>\n<p>The startup plans to use the funds to strengthen its research and development (R&amp;D) and production facilities in Visakhapatnam in Andhra Pradesh, expand its sales and regulatory teams in the US and India, launch marketing campaigns for leafy greens, bananas, and grapes, and work on certifications and regulatory filings across global markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biotech startup PeelOn has raised $1 million in its maiden funding round led by deeptech-focussed venture capital (VC) firm GrowX Ventures. The company is currently valued at $7.9 million. The round also saw participation from Boston Venture Group, Clean Energy Venture Group, and Climate Angels. The startup plans to use the funds to strengthen its research and development (R&amp;D) and production facilities in Visakhapatnam in Andhra Pradesh, expand its sales and regulatory teams in the US and India, launch marketing campaigns for leafy greens, bananas, and grapes, and work on certifications and regulatory filings across global markets.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-956248","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/956248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=956248"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/956248\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=956248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=956248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=956248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}