Racenergy

Energy Storage & BatteriesSeedHyderabad, Indiaracenergy.in

Latest round

Seed

Last raised

Jul 2021

Total raised

$1.4M

Investors

6

About Racenergy

Founded in 2018 by Arun Reddy and Gautham Maheswaran in Hyderabad, India, Racenergy focuses on developing battery swapping solutions for electric vehicles.Racenergy specializes in modular swappable battery technology intended for electric vehicles (EVs). Their primary offering is a high energy density Lithium-ion battery that allows users to replace depleted batteries with fully charged ones in under five minutes. This technology effectively mitigates the lengthy charging times of conventional EVs, catering to a diverse clientele including individual EV users and fleet operators.90.

Who invested in Racenergy

6 investors across 2 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Seed

    Jul 13, 2021

    Amount

    $1.1M

    Investors

    Locked

  2. Seed

    Nov 26, 2019

    Amount

    $0.3M

    Investors

    Locked

Questions about Racenergy

Who invested in Racenergy?

Racenergy has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Racenergy raised?

Racenergy has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Racenergy last raise money?

Racenergy's most recent round on record is a Seed, in Jul 2021.

What does Racenergy do?

Founded in 2018 by Arun Reddy and Gautham Maheswaran in Hyderabad, India, Racenergy focuses on developing battery swapping solutions for electric vehicles.

Where is Racenergy headquartered?

Racenergy is headquartered in Hyderabad, India.

Which VCs invest in companies like Racenergy?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back energy storage & batteries companies at Racenergy's stage. Their profiles are linked below.

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