Deep tech solar startup Renkube raises Rs. 2.4 Cr from CIIE, Jito Angel Network, others

Renkube, a renewable energy-focused deep tech startup, has raised USD 300,000 (INR 2.4 crore) in a seed round led by CIIE.CO. Jito Angel Network and Keiretsu Forum Mumbai also participated in this round. Bengaluru-based Renkube offers a motion-free tracking solution embedded in the glass design for solar panels. The funds will be used to build industrial-scale manufacturing of this solar panel, secure necessary certifications and demonstrate the technology with industrial customers in India, the US and Australia.