Tuesday, September 2, 2025

Battery tech startup Offgrid Energy Labs raises $15 million in round led by Archean Chemical Industries

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

No comments:

Post a Comment

Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...