Indian cleantech startup e-TRNL Power has raised Rs 27.4 crore in a seed funding spherical led by IAN Group, an early-stage funding platform. The spherical noticed participation from Navam Capital, Speciale Make investments, and different traders.

Based in 2021 by Apoorv Shaligram (Co-founder & CEO) and Dr. Uttam Kumar Sen (Co- founder & CTO), e-TRNL Power is engaged on a elementary battery cell expertise that’s chemistry agnostic and might undertake all current Li-ion and future Na-ion chemistries. The expertise provides battery cells with larger power density and decrease heating in comparison with its friends, with higher pricing economics.

The startup plans to make use of the raised capital to finish product growth, validate efficiency and security, and reveal manufacturing functionality in India. It claims to have arrange a 20,000 sq. ft. R&D and early manufacturing facility in Bengaluru to assist testing and scale-up. It has been granted two patents for its battery cell design and has filed extra patent functions.

e-TRNL Power plans to determine a 250 MWh pilot manufacturing facility by 2027, with the intention of increasing it to a 2 GWh capability later. Its first battery product will use LFP (Lithium Iron Phosphate) chemistry, with plans to develop LMFP and Sodium-ion batteries sooner or later. The startup additionally plans to produce its cells to battery pack producers serving electrical mobility and power storage markets.

Apoorv Shaligram, Co-founder & CEO, e-TRNL Power, stated, “Over the previous three years, we have created a ground-breaking battery cell design and constructed exact machines and processes wanted to comprehend it. With this funding spherical, we transfer in the direction of demonstration, testing, and scaling our innovation for commercialization. Past positioning India as a frontrunner in power storage improvements, these efforts may even strengthen our resilience towards international provide chain vulnerabilities in these altering instances.”

Rajnish Kapur, Managing Associate, IAN Alpha Fund, stated, “India’s power transition will rely not simply on adopting batteries, however on proudly owning core cell design and manufacturing capabilities. What stood out with e-TRNL Power was their first-principles rethink of cell structure and manufacturing, quite than incremental upgrades to legacy designs. This built-in method tackles efficiency, security, heating, and value collectively, which is precisely the type of deep-tech innovation we again at IAN.”