Funding
LIVE seed support · Hardware

Adiabatic Technologies receives ₹30 lakh in seed support from IIMK LIVE

The battery company received financial assistance through IIM Kozhikode’s LIVE seed support programme.

By RoundOS Funding desk

Adiabatic Technologies announced on 31 March 2023 that it had received ₹30 lakh in financial support from IIMK LIVE under its LIVE seed support scheme. The company and incubator described the assistance without disclosing its financing terms.

Adiabatic develops smart lithium-based battery packs for electric vehicles, solar installations and battery energy storage systems. The company aims to accelerate electric vehicle adoption with efficient battery technology.

Funding history

LIVE seed support · This round₹3M
EVitalize cash award₹150K

Sources

  1. We are Excited to share that we have received financial assistance from IIMK LIVE under the LIVE $$$ scheme.linkedin.com · Mar 31, 2023
  2. IIMK NIRF2024 Innovation Adiabatic LIVE-SSS allocationiimk.ac.in

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