Funding Details
- Awarder
- SemiNews
- Date Award
- December 18, 2023
- Vertical
- Energy and Natural Resources
- Funding URL
- View Funding Page
Company Info
- Organizations Involved
- TDK Ventures, TDK Corporation
- Founders
- Arun Vinayak, Sanjay Byalal Jagannath
- Company Description
- India-based Exponent Energy is re-engineering the complete energy stack – the battery pack, charging station, and connector – to unlock affordable and scalable rapid charging technology. Exponent's proprietary energy stack – comprised of the battery pack (e^pack), charging station (e^pump), and charging connector (e^plug) together unlock a 0%-100% rapid charge, in 15 minutes for EVs and a 3000-cycle lifetime warranty using regular LFP cells. In the last 9 months, its technology has achieved product market fit with customers in India, with over 500 Exponent-powered EVs covering over 3 million kilometers and completing 60,000+ rapid charging sessions.
- Market
- Automotive
- Location
-
Bengaluru,
India
- Coinvestors
- TDK Corporation
Links