# GegaDyne Energy Labs Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gegadyne-energy-labs-pvt

- Industry: Energy Storage & Batteries
- Headquarters: Mumbai, India
- Website: www.gegadyne.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Jan 11, 2018)
- Investors on record: 4

## About

GegaDyne Energy Labs Pvt Ltd., based in India, specializes in innovative battery technologies that utilize non-lithium-based materials for enhanced charging and longevity, aimed at various applications including electric vehicles and energy storage.Founded in 2015 in Mumbai, India, GegaDyne Energy Labs Pvt Ltd. develops advanced battery technology focused on non-lithium-based materials. The company secured INR 334 million in Series A funding on February 3, 2021, led by V-Guard Industries Ltd., raising a total of INR 334 million thus far. It has completed 4 deals to date with a current valuation of INR 2310.424 million. GegaDyne was established to address challenges in energy storage across multiple sectors.GegaDyne Energy Labs specializes in advanced battery technologies utilizing non-lithium-based materials to improve charging speeds and cycle life. Their proprietary solutions feature high-capacity anode and cathode materials alongside a unique electrolyte system to enhance energy density and performance in diverse applications, including electric vehicles, consumer electronics, and grid storage.In 2023, GegaDyne Energy Labs reported a revenue amount of 0 and an EBITDA of -638083, aligning its business model with strategic partnerships primarily focused on B2B transactions. The company collaborates with original equipment manufacturers (OEMs) for the integration of its proprietary battery solutions into their products and may pursue licensing arrangements for its technology.With the recent funding of INR 334 million secured in February 2021, GegaDyne Energy Labs aims to further develop its battery technology and plans to expand its market presence, particularly in the automotive and energy sectors. The company is preparing for the mass commercialization of its products, with strategic partnerships anticipated to emerge, allowing for broader adoption in energy storage and electrification initiatives.

## Funding rounds

- Seed, Jan 11, 2018, $0.3M — Mumbai Angels, Equentia Natural Resources, Purple Patch Ventures, Omphalos Ventures India

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- Equentia Natural Resources (https://capitalatlas.ai/funds/equentia-natural-resources) — Seed
- Purple Patch Ventures (https://capitalatlas.ai/funds/purple-patch-ventures) — Seed
- Omphalos Ventures India (https://capitalatlas.ai/funds/omphalos-ventures-india) — Seed