VoltUp
Latest round
- Seed
Last raised
- Aug 2024
Total raised
- $1.9M
Investors
- 5
About VoltUp
Based in Maharashtra, India. Ampup Energy Private Limited, trading under the name VoltUp, provides battery swapping solutions for electric two- and three-wheelers. The company's core offerings include lithium-ion batteries, a network of strategically located swapping stations, and an integrated mobile application for both partners and end-users. The swapping stations deliver fully charged batteries within two minutes, eliminating the downtime associated with electric vehicle recharging. VoltUp's services ensures zero maintenance requirements over the lifespan of the batteries, which are equipped with advanced Battery Management Systems (BMS) and telematics for real-time monitoring. The company primarily serves urban markets of India with a growing demand for electric mobility solutions, including India. VoltUp employs a subscription-based revenue model that allows customers to pay an initial fee followed by usage-based charges without mandatory daily fees or swap limits. The company plans to utilize the January 2025 investment to expand its battery-swapping network and integrate its mobility-as-a-service offerings with EV platforms.
Who invested in VoltUp
5 investors across 1 round
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Funding rounds
Seed
Aug 28, 2024
Amount
$1.9M
Investors
Questions about VoltUp
Who invested in VoltUp?
VoltUp has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has VoltUp raised?
VoltUp has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did VoltUp last raise money?
VoltUp's most recent round on record is a Seed, in Aug 2024.
What does VoltUp do?
VoltUp is a energy storage & batteries company.
Where is VoltUp headquartered?
VoltUp is headquartered in Pune, India.
Which VCs invest in companies like VoltUp?
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 VoltUp's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Seed
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