Fundraising Fox

Machfu

Rockville, US · Delaware corporation · 4 known investors

Machfu offers MachIO, LoRaWAN-enabled edge hardware that connects sensors in remote or harsh environments to an existing LoRaWAN network. It serves industrial verticals including oil and gas, manufacturing, energy, and water.

EnergyHardwareIoT

Founders & leadership

PC
Prakash ChakravarthiFounder & CEO
TW
Tim WinterCTO
VM
Vinod MukkamalaVP of Applications and Protocols
CS
Chinmay SheteVP of Services & Platform
MB
M. B. AnandProduct Architect

Board

AJ
Abhinav JainBoard director
PKPradeep Kaul
Pradeep Kaulin𝕏Board directorPrincipal at Blu Venture Investors

Investors · 4

Maryland TEDCOUpper Marlboro · $500K – $1.5M
TEDCOColumbia
Texas HALO FundHouston
Blu Venture InvestorsreportedWashington · $50K – $3M

Reported raises · per SEC filings

Form D private placements

$2.8M disclosed across 5 rounds · 2016–2023

▶$500KraisedJul 2023 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim WinterExecutive Officer, Director
  • Pradeep KaulDirector
  • Prakash ChakravarthiExecutive Officer, Director
  • Abhinav JainDirector
Offering amount
$1.2M
Amount sold
$500K
Minimum investment
$10K
First sale
Jun 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$350KraisedApr 2021 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Abhinav JainDirector
  • Prakash ChakravarthiExecutive Officer, Director
  • Tim WinterExecutive Officer, Director
  • Pradeep KaulDirector
Offering amount
$1.5M
Amount sold
$350K
Minimum investment
$10K
First sale
Apr 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$451.5KraisedOct 2018 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Prakash ChakravarthiExecutive Officer, Director
  • Tim WinterExecutive Officer, Director
  • Pradeep KaulDirector
Amount sold
$451.5K
Minimum investment
$10K
First sale
Oct 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$906.3KraisedAug 2017 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim WinterExecutive Officer, Director
  • Prakash ChakravarthiExecutive Officer, Director
  • Pradeep KaulDirector
Offering amount
$1.2M
Amount sold
$906.3K
Minimum investment
$10K
First sale
Jul 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$550KraisedJan 2017 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Prakash ChakravarthiExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$550K
Minimum investment
$10K
First sale
Jan 2016
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap
Telit11 shared keywordsTelit designs and manufactures telecommunications terminal equipment and M2M (machine-to-machine) modules for industrial and IoT applications. The company serves customers globally and operates under strict quality, environmental, and security compliance standards.
Link Labs11 shared keywords

Companies competing with Machfu for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of EnergyPhase II2019$993.9K
Department of EnergyPhase II2017$1000K
Department of EnergyPhase I2016$149.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Machfu Closes $3.75 Million In Fundingpulse2.com · Dec 2019Machfu Secures $3.75M in Series A Funding - FinSMEsfinsmes.com · Dec 2019Machfu raises $3.75 million to accelerate IIoT in Smart Grid and Oil & Gas markets - Help Net Securityhelpnetsecurity.com · Dec 2019Machfu Raises $3.75 Million to Accelerate Industrial IoT | AP Newsapnews.com · Dec 2019IoT startup Machfu raises $1.6Mtechnical.ly · Aug 2017

Frequently asked questions

What does Machfu do?
Machfu offers MachIO, LoRaWAN-enabled edge hardware that connects sensors in remote or harsh environments to an existing LoRaWAN network. It serves industrial verticals including oil and gas, manufacturing, energy, and water.
Who founded Machfu?
Machfu was founded by Prakash Chakravarthi.
Who are Machfu's investors?
Machfu's investors include Maryland TEDCO, TEDCO, Texas HALO Fund, Blu Venture Investors.
How much funding has Machfu raised?
Machfu has disclosed $2.8M raised across 5 rounds.
Where is Machfu headquartered?
Machfu is headquartered in Rockville, US.