PE-VC Fund Investments
Thermal engg startup Albatross Energetics raises $1.05 M led by Transition VC
Mumbai-based deep-tech company Albatross Energetics has raised USD 1.05 million in a pre-Series A funding round led by Transition VC. The firm had earlier raised INR 1.3 crore in 2024 from Social Alpha and SINE.Founded in 2021 by Sudarsan M S and Srihari B, Albatross Energetics develops energy-efficient air conditioning and dehumidification systems for industrial applications.The company adopts liquid desiccant technology to remove moisture directly from the air, which reduces the energy required for humidity control. Its systems are deployed in industries including pharmaceuticals, semiconductors, electronics, batteries, food processing, chemicals, and textiles to lower operating costs and carbon emissions.Albatross plans to use the new funds to set up pilot-scale manufacturing capabilities, expand commercial deployments across industrial sectors, strengthen its engineering and quality teams, and accelerate research and development.
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