Whizzo, an innovative materials science manufacturing startup, has raised $4.2 million in a seed funding round led by Lightspeed, with additional participation from BEENEXT. The funds will be utilized to accelerate research and development in materials science, set up a design lab for fashion-engineered textiles, and strengthen supply chain infrastructure across India, Vietnam, China, Bangladesh, and Indonesia.
Founded in 2024 by Shrestha Kukreja, a former executive at Zetwerk, Whizzo specializes in creating proprietary textile blends that include cellulosic and polymer-based fibers. These customized blends are designed to meet the needs of various industries while significantly reducing time-to-market.
“Our mission is to create proprietary blends and adopt a cross-border Contract Development and Manufacturing Organization (CDMO) model to address critical gaps in the textile sector,” said Kukreja. “Our goal is to drive innovation, sustainability, and global connectivity to transform the textile industry.”
This latest funding round comes at a time of growth for Whizzo, as it seeks to position itself as a key player in transforming the textile industry with a focus on sustainable innovation. Notably, the startup’s founders have previously been involved with Sanlayan Technologies, which recently acquired a majority stake in Dexcel Electronics.
With a clear vision for reshaping textiles, Whizzo is poised to make a lasting impact on global supply chains and the fashion industry.
