Funding
Battery tech startup Offgrid Energy Labs raises $15 million in round led by Archean Chemical Industries
[ad_1]
Battery technology startup Offgrid Energy Labs has raised $15 million in a funding round led by Archean Chemical Industries Limited, with participation from existing investor Ankur Capital.
The Noida-based startup plans to use the fresh funding to establish a pilot manufacturing facility in the United Kingdom within the next 12 months, expand its research and development (R&D) capabilities, and commercialise its zincgel batteries, the founders said in an interaction with ET.
“This funding is primarily to set up a demo manufacturing facility for the…
[ad_2]
Source link
Continue Reading
You must be logged in to post a comment Login