EMO Energy raises $6.2 million in Series A funding
Author: PPD Team Date: January 8, 2025
Author: PPD Team Date: January 8, 2025
EMO Energy has secured $6.2 million in its Series A funding round, led by Subhkam Ventures with participation from Transition VC.
The funds will be used to scale the company’s advanced battery solutions for electric vehicles (EVs) and energy storage systems. The company plans to deploy its services across 100,000 two- and three-wheeler vehicles over the next two years and roll out 1 GWh of energy storage systems.
A portion of the funding will support R&D for battery health extension software and expand its service capacity from 2 kWh to 2,000 kWh.
EMO Energy also aims to strengthen partnerships with original equipment manufacturers and expand its operational team.
Based in Bengaluru, EMO Energy has produced over 2,000 EV battery packs and is testing energy storage systems for industrial applications.
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