e-TRNL Energy raises INR 7.5Crs pre-seed round led by Speciale Invest to build safe, efficient batteries
Summary
We are excited to have partnered with our investors to realize the future of batteries and help set up the global supply chains from India.We have developed a technology platform that solves the fundamental challenges of fast charging without compromising the energy density, life cycle and safety. Our innovation is chemistry and application agnostic, which means it could be deployed across all battery applications., commented Dr. Uttam Kumar Sen, Co-founder, e-TRNL Energy.Vishesh Rajaram, Managing Partner at Speciale Invest, said, The need for smart energy storage systems is critical to meet global climate goals and provide a better and more sustainable future. The companys innovative technology helps to reduce the environmental impact of battery storage while providing an advanced level of performance and reliability.He further said, We at Speciale Invest believe that climate and sustainability are increasingly becoming business drivers in India as well as globally. Given the advent of India being enroute an electron economy we see a big opportunity for the team to capture the market with its research first approach, said Chintan Antani VP Investments at CIIE.COe-TRNL Energy is an Indian start-up company founded by experienced IITians. Micelios investment philosophy is to employ patient capital to grow companies and build a community that is focused on EVs to promote clean mobility.CIIE.CO is the Innovation Continuum spreading from incubation, acceleration, seed, and growth funding to research.