Li-ion Battery Maker Cygni Energy Raises $12.5 Million, To Set Up New Manufacturing Facility - Updates
India Climate Startups Funding & Investment Updates
Li-ion Battery Maker Cygni Energy Raises $12.5 Million, To Set Up New Manufacturing Facility
Startup currently operates a 250 MWh battery pack operating faciilty
Notes by Narsi
Startups such as Cygni might not be doing anything fundamentally disruptive, but being led by seasoned industry professionals could perhaps be their strongest asset.
I have known the founder Venkat Rajaraman for over a decade, and his breadth of experience gained over decades in energy storage and UPS is likely to stand the startup in good stead.