Funding
Startup India Seed Fund Scheme financing · Climate tech

Adiabatic receives ₹50 lakh through Startup India Seed Fund Scheme

AIC-Sangam announced the financing for the Indian battery technology startup in May 2023.

By RoundOS Funding desk

Adiabatic Technologies received ₹50 lakh in seed financing under the Startup India Seed Fund Scheme through AIC-Sangam. The incubator announced the funding on May 25, 2023.

The Indian startup developed lithium-ion battery packs for electric vehicles, combining batteries with technology designed to improve charging, durability and safety. Its early business focused on supplying battery systems to vehicle manufacturers.

Funding history

Startup India Seed Fund Scheme financing · This round₹5M
LIVE seed support₹3MEVitalize cash award₹150K

Sources

  1. Adiabatic receives INR50 lakh SISFS financing through AIC-Sangamlinkedin.com · May 25, 2023
  2. Adiabatic Technologies company profile and historical financing timelineyourstory.com

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