EMO Energy raises $6.2-M led by Subhkam Ventures
Bengaluru-based deep energy-tech startup EMO Energy has raised USD 6.2 million in its Series A funding round, led by Subhkam Ventures. The round also saw participation from new and existing investors, including Microtek Group, SRK Family Office, and Transition VC.The company will utilise the raised funds to scale its two-wheeler energy solution to over 1 lakh vehicles over the next two years while advancing the deployment of 1 GWh of energy storage. A portion of the funds will also be directed towards strengthening the company’s research and development (R&D) capabilities for its proprietary battery health extension software and expanding its team to meet growing operational demands.Founded in 2022 by Sheetanshu Tyagi and Rahul Patel, EMO Energy is tapping into the urban energy landscape through its advanced battery software and hardware.
In May 2023, EMO Energy had raised funding from Transition VC and co-led by Gruhas.
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