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Home » EMO Energy Raises $6.2M Series A for EV Solutions
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EMO Energy Raises $6.2M Series A for EV Solutions

Ambitious startup targets massive EV infrastructure expansion and grid-scale storage deployment by 2027
startnetBy startnetJanuary 7, 2025No Comments2 Views
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EMO Energy, a Chennai-based clean technology startup specializing in electric vehicle charging solutions, has successfully raised $6.2 million in Series A funding. The investment round was led by Subhkam Ventures, with participation from existing investor Transition VC, marking a significant milestone in the company’s growth trajectory.

The fresh capital injection comes at a crucial time as EMO Energy plans to expand its innovative two- and three-wheeler energy solutions to serve over 100,000 vehicles in the next 24 months. Additionally, the company aims to advance the deployment of 1 gigawatt hour (GWh) of energy storage, positioning itself as a key player in India’s growing clean energy sector.

Founded in 2022 by Sheetanshu Tyagi and Rahul Patel, EMO Energy has rapidly established itself as a pioneering force in the EV infrastructure space with its proprietary Cell Agnostic Tech stack, ZEN. This innovative technology enables ultra-fast 20-minute charging while extending battery life beyond five years, addressing two critical challenges in EV adoption.

“Our focus is to create an integrated urban energy solution by deploying batteries and chargers in energy storage and light mobility,” said Sheetanshu Tyagi, co-founder and CEO of EMO Energy. “Over the last 12 months, EMO has forged critical high-volume partnerships across major OEMs, and with the latest infusion of capital, we are now well-equipped to scale from 2 to 2000 kWh.”

The funding will be strategically allocated to strengthen the company’s research and development capabilities, particularly in enhancing its proprietary battery health extension software. EMO Energy also plans to expand its team to support its ambitious growth plans.

Dr. Anand Ramanathan, Director of the Tamil Nadu Electric Vehicle Policy Initiative, commented on the development: “EMO Energy’s success in securing significant funding demonstrates the growing confidence in Tamil Nadu’s EV ecosystem. Their innovative solutions align perfectly with our state’s vision for sustainable urban mobility.”

The company has already deployed over 2,000 battery packs in the mobility segment and is conducting production-ready pilots for energy storage systems focused on peak shaving and backing solutions. Peak shaving, a critical grid management practice, involves reducing electricity consumption during high-demand periods to maintain grid stability.

For Tamil Nadu’s burgeoning EV ecosystem, this funding represents a significant boost. The state, which has been actively promoting electric mobility through various policy initiatives, stands to benefit from EMO Energy’s expansion plans. The company’s presence strengthens Tamil Nadu’s position as a hub for EV innovation and manufacturing.

“EMO is creating an ecosystem where dark stores and commercial establishments will have EMO-enabled Delivery Vehicles powered by EMO Fast Chargers and Energy Storage Systems, all managed by an integrated Energy Management Software,” Tyagi explained. “This funding will accelerate our mission to reshape the future of urban India and expand our impact on sustainable solutions for the future of clean energy.”

The investment comes amid increasing government push for wider EV adoption in India, particularly in the quick commerce and logistics segments. EMO Energy’s solutions are well-positioned to support this transition while addressing key challenges in battery life and charging infrastructure.

EMO Energy raises $6.2M funding Startup Ecosystem
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