Statiq Secures $18M in Financing

A combined equity and debt package backs more charging sites and improvements to the hardware and monitoring behind the network.

Round size
$18M
Stage
Equity and debt financing
Headquarters
India
Announced
Feb 18, 2026

Hardware and the charging journey

The company manufactures AC and DC chargers and operates the software used to access them. Drivers can locate available charging points and start and pay for sessions through the app.

Expanding coverage and reliability

The funding announcement reported more than 10,000 installed chargers across about 100 cities. Expansion into tier-one and tier-two cities is paired with hardware lifecycle improvements and advanced telematics.

Where the funding goes

  • Charging infrastructure and city coverage
  • Hardware lifecycle improvements and telematics

Sources

  1. Statiq: funding announcement
  2. Statiq: chargers and consumer application
  3. Statiq: official linked company identity
  4. PTI: mixed financing confirmation
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