Exponent Energy (Seed)

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
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