Funding
TIDE 2.0 Scaleup Investment Scheme funding · Hardware

Adiabatic receives MeitY funding for lithium-ion battery technology

The Chitkara-incubated battery developer secured support under the TIDE 2.0 Scaleup Investment Scheme.

By RoundOS Funding desk

Adiabatic Technologies announced on January 31, 2024 that it had secured funding from the Ministry of Electronics and Information Technology under the TIDE 2.0 Scaleup Investment Scheme. The battery company was incubated and mentored by Chitkara Innovation Incubator Foundation at Chitkara University. The amount and investment terms were not disclosed.

Adiabatic develops lithium-ion battery packs and battery-management systems for equipment manufacturers. It brings pack design, thermal management, firmware and charger integration together to build energy systems around a machine’s operating requirements.

Funding history

TIDE 2.0 Scaleup Investment Scheme funding · This roundUndisclosed

Sources

  1. Adiabatic announces TIDE2.0 Scaleup Investment fundinglinkedin.com · Jan 31, 2024
  2. CIIF startups funded under TIDE2.0 Scaleup Investment Schemechitkara.edu.in
  3. adiabatic.co.in

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