Solar energy startup Glow has secured $30 million in a new funding round co-led by Framework and Union Square Ventures. The proceeds will be utilized to accelerate the adoption of renewable energy and decentralise the global energy grid in India and across the globe, Glow said in a press release. Launched in 2023, Glow leverages […]
EV Battery Company Gegadyne Raises $5 Mn From V-Guard
EV Battery Startup Gegadyne Raises $5 Mn From V-Guard Gegadyne claims to have developed ‘game-changing’ and eco-friendly alternatives to conventional lithium-ion batteries Gegadyne’s batteries charge from 0 to 100% in around 15 minutes, unlike lithium-ion batteries that take hours to charge This investment will enable the startup to scale up operations and further enhance research […]
German Startup’s Solar-Electric Car Can Recharge During a Sunny Drive
German startup Sono Motors is showing off a solar-electric vehicle that can recharge when driven in daylight. The Sion looks like a minivan, but the black exterior is covered with 248 polymer solar panels that absorb energy from the sun. As a result, the panels can recharge the car when it’s parked outside or on the move. […]
Shell backed smart EV startup, TresMoto raises additional round of seed funds
The company is working on a range of smart, electric two wheelers based on their in house developed platform ‘OXEN’ Bangalore (Karnataka) [India]: Shell backed smart EV startup, TresMoto has raised an undisclosed amount in seed funding from Angel Investor and professional CEO Raaj Kumar, who has led multinational companies like Asian Paints, GMR Energy, […]
Marubeni invests in China EV startup Byton for old batteries
Race is on to recycle the devices into large energy storage units TOKYO: Japanese trading house Marubeni has formed a capital partnership with Chinese electric vehicle company Byton, the latest move in a global race to secure used automotive batteries for recycling as energy storage units serving homes and other applications, Nikkei has learned. Marubeni […]
This startup’s solar power solutions is making Indian homes green and future-ready
Zunroof is a home-technology company that specialises in setting up rooftop solar electricity systems. There are only a handful of engineering aspirants who manage to fulfill their parents dreams of graduating from an Indian Institute of Technology, and possibly complete a masters degree to land a cushy job in the West. But for some, an […]
Electric car startup Byton loses co-founder and former CEO, reported $500M Series C to close this summer
The race is on for building and shipping more cost-effective electric cars, but today one of more ambitious startups in the field announced some significant changes that underscore some of the challenges in making that a reality. Byton, the Chinese electric car startup, today announced that Carsten Breitfeld, the former BMW executive and Byton co-founder who […]
Push Towards Renewable Energy Now Cheaper: IIT-Hyderabad Start-Up Develops Economically Priced Li-Ion Batteries
PuREnergy, an Indian Institute of Technology (IIT) Hyderabad incubated startup will be launching commercial lithium-ion batteries at the Renewable Energy Expo 2018 in Greater Noida, The Hindu has reported. The startup was founded in 2016 by Nishanth Dongari, an assistant professor in IIT Hyderabad. “We are in discussion with defence laboratories for battery applications in […]
