What is Clean Electric?
Founded in 2016, Clean Electric operates at the intersection of hardware engineering and software intelligence. The company specializes in advanced energy storage solutions, providing the critical infrastructure necessary for modernizing power grids and enhancing energy reliability. By integrating sophisticated software layers with robust hardware, Clean Electric addresses the complex challenges of energy management, catering to the increasing demand for sustainable and efficient power storage systems. Its market position is defined by a commitment to technological innovation, enabling the company to serve as a key enabler for the transition toward cleaner energy alternatives in India and beyond.
How much funding has Clean Electric raised?
Clean Electric has raised a total of $7.5M across 2 funding rounds:
Angel/Seed
$2.2M
Series A
$5.3M
Angel/Seed (2022): $2.2M with participation from Kalaari Capital, Climate Angels, 7Square Ventures, and LV Fund
Series A (2024): $5.3M led by Big Pi Ventures and Info Edge (India)
Key Investors in Clean Electric
Big Pi Ventures
Big Pi Ventures is a multi-stage technology investment platform with a global focus, dedicated to supporting extraordinary entrepreneurs at various stages of their business journeys.
Info Edge (India)
Info Edge (India) Limited is a leading online classifieds company in India, specializing in recruitment, matrimony, real estate, education, and related services.
Kalaari Capital
Kalaari Capital is a venture capital firm focused on investing in early-stage technology companies in India, providing capital and strategic guidance to foster startup growth.
What's next for Clean Electric?
With the recent capital injection, Clean Electric is poised to enter a phase of aggressive scaling and product diversification. The strategic focus will likely shift toward expanding manufacturing capabilities and enhancing the software-as-a-service (SaaS) components of its energy storage platform. As the company matures, it is expected to leverage its enterprise-level backing to penetrate new market segments, potentially exploring international expansion or deeper integration into the renewable energy supply chain. The firm's ability to maintain its technological edge while scaling will be the primary determinant of its long-term success in the rapidly evolving climate technology sector.
See full Clean Electric company page