Adiabatic Technologies raises INR83m Seed for specialist battery systems
Malpani Ventures and Avinya Ventures co-led the financing for the battery-pack, charger and BMS manufacturer.
Adiabatic Technologies announced an INR83 million Seed round on August 5, 2026, co-led by Malpani Ventures and Avinya Ventures. Appreciate Capital, DeVC, Operators Studio and UPES Incubator also participated.
The company reported deploying more than 20,000 battery systems across over 25 equipment manufacturers. Its customer applications span sectors where discharge performance, charging speed and thermal management affect equipment reliability. The financing follows a separate INR11 million angel round in November 2025 and supports the next stage of its manufacturing and engineering expansion.
Use of funds
Expand annual manufacturing capacity to 100 MWh
Accelerate product development and engineering hiring
Scale battery deployments in robotics and other specialist sectors