Existing investor Ankur Capital participated in the round. The Noida-based startup will use the fresh funds to set up a pilot manufacturing facility in the UK, expand its R&D capabilities, and commercialise its zincgel batteries. The company, which is working to help reduce dependence on lithium-ion storage solutions through zinc-bromine gel batteries for the stationary storage market, has raised a total of $12 million to date.
from Tech-Economic Times https://ift.tt/rGUn5mI
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