Funding · Professional & Local Services
LocalHost raises $2.5M angel funding from InVideo, RedBull India, Anthropic, Eros International
By Startup Enthusiast ·
- Date
- Company
- LocalHost
- What it does
- In-person labs for young founders
- Kind
- Funding
- Amount
- $2.5M
- Stage
- angel
- Based in
- Bengaluru
- Founded
- 2023
What they do
LocalHost runs in-person labs as a launchpad for young technical and creative founders
What happened
It raised $2.5M in angel funding from InVideo, RedBull India, Anthropic, and Eros International
Why it matters
The funds will expand infrastructure, strengthen hardware capabilities, and scale operational teams
The details
- LocalHost raised $2.5M in angel funding.
- Investors include InVideo, RedBull India, Anthropic, and Eros International.
- The company runs in-person labs as a launchpad for young technical and creative founders.
- It operates at the intersection of media, software, and hardware.
- Funds will expand infrastructure, strengthen hardware capabilities, and scale operational teams.
- LocalHost also plans to support additional early-stage founder cohorts globally.
The bigger picture
- LocalHost's labs in Bengaluru, Tokyo, and Cluj-Napoca show a global expansion strategy.
About the business
- LocalHost runs in-person labs as a launchpad for young technical and creative founders.
- Its India lab is a 50-day founder lab in Bengaluru that selects 15 founders per cohort.
- Cohort projects include AI agents, robotics, India-native language models, and multidisciplinary media products.
- Other labs are in Tokyo and Cluj-Napoca; expansion is underway in San Francisco.
- Hardware-focused labs are planned in Japan and France.
- Labs provide shared workspaces, access to hardware, operational support, and a community fund.
- India lab cohorts have been attended by over 30 venture partners and ecosystem participants.
- Startups from the program include Maya Research, Prava Payments, Dawn Labs, Whisperwave, Markov, and Flashmates.
What happens next
- Expand infrastructure, strengthen hardware capabilities, and scale operational teams.
- Support additional early-stage founder cohorts globally.
The deal
- Type
- angel
Investors
- InVideo (participated)
- RedBull India (participated)
- Anthropic (participated)
- Eros International (participated)
Founders
- Kei Hayashi, co-founder
- Suhas Sumukh, co-founder
- Hardeep Gambhir, co-founder
About LocalHost
- Product
- Residential founder accelerator labs providing mentorship, infrastructure and resources for early-stage founders
- Customers
- Technical and creative founders building at the intersection of media, software and hardware
- How it makes money
- Equity-free accelerator program model with founder cohorts supporting products during development
- What sets it apart
- Focus on media, software, and hardware intersection with global presence in multiple hubs
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