VFlowTech Secures $20.5M to Energize India's Renewable Future

VFlowTech Secures $20.5M to Energize India's Renewable Future

VFlowTech Secures $20.5M to Energize India's Renewable Future Energy storage solutions provider VFlowTech has secured $20.5 million in funding to expand its operations in India, the company announced on Wednesday.The new investment will facilitate scaling up its current 100 MWh manufacturing facility into a Gigafactory and boost deployment of its Vanadium Redox Flow Batteries (VRFB) in India's burgeoning renewable energy sector.Led by Granite As…

Deals in brief: Granite Asia leads investment in VFlowTech, Alterno and BrioHR raise funding, latest China deals, and more

VFlowTech raises USD 20.5 million to scale battery production VFlowTech, a Singapore-based energy storage startup, has raised USD 20.5 million in a funding round led by Granite Asia. The round includes participation from EDBI, MOL Plus, PSA Ventures, and existing backers such as Antares Ventures, Inci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, Seeds Capital, and Entrepreneurs First. The company plans to use the capital to scale…

VFlowTech Raises USD 20.5M in Funding

VFlowTech, a New Delhi, India-based provider of sustainable energy storage solutions, raised $20.5M in funding. The round was led by Granite Asia, with participation from Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and returning investors including İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First. The company intends to use the funds for […] The post VFlowTech Raises USD 20.5M in Fundin…

Singapore's VFlowTech secures $20.5M in fundraising led by Granite Asia

VFlowTech, a Singapore-based energy storage solutions firm, has successfully raised $20.5 million in its latest funding round. The firm said in a statement on Wednesday that the investment was led by prominent venture capital firm Granite Asia, joined by new investors Antares Ventures, EDBI, MOL PLUS and PSA Ventures and alongside existing backers İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs …