How Much Did Clean Electric Raise?
Funding & Key Investors

Clean Electric, a prominent player in the energy storage sector, has successfully secured a significant capital injection, bringing its $7.5M to a new milestone. This latest financing round, which contributed $5.3M, underscores the company's robust growth trajectory and its pivotal role in the evolving landscape of sustainable energy infrastructure. By leveraging this major strategic investment, the firm is well-positioned to accelerate its operational scaling and technological development within the Indian market and beyond.

The company's journey from its inception in 2016 to its current Series A status reflects a disciplined approach to capital acquisition. Starting with early-stage backing, Clean Electric has consistently demonstrated the viability of its hardware and software energy storage solutions, attracting high-caliber institutional support that validates its long-term market potential.

What is Clean Electric?

Clean Electric
Business ServicesSoftware TestingEngineering Software

Founded in 2016, Clean Electric operates at the intersection of hardware engineering and software innovation, providing advanced energy storage solutions. Headquartered in India, the company addresses critical challenges in energy management and efficiency. By integrating sophisticated software layers with robust hardware, Clean Electric enables more reliable and scalable energy storage, catering to the increasing demand for sustainable power solutions in a rapidly digitizing economy. Its market position is defined by its commitment to bridging the gap between traditional energy storage and modern, data-driven management systems.

How much funding has Clean Electric raised?

Clean Electric has raised a total of $7.5M across 2 funding rounds:

2022

Angel/Seed

$2.2M

2024

Series A

$5.3M

Angel/Seed (2022): $2.2M with participation from 7Square Ventures, LV Fund, Kalaari Capital, and Climate Angels

Series A (2024): $5.3M led by Info Edge (India) and Big Pi Ventures

Key Investors in Clean Electric

Kalaari Capital

Kalaari Capital is a venture capital firm focused on investing in early-stage technology companies in India, providing both capital and strategic guidance to foster scalable businesses.

Climate Angels

Climate Angels is a SEBI-registered Category I Investment Fund that focuses on early-stage investments in climate technology, clean mobility, and renewable energy sectors.

Info Edge (India)

Info Edge (India) Limited is a leading online classifieds company that leverages its deep market expertise to support high-growth digital and technology-driven enterprises.

What's next for Clean Electric?

With the successful closure of its Series A round, Clean Electric is poised to transition into a phase of aggressive market expansion and product refinement. The infusion of capital will likely be directed toward enhancing its R&D capabilities, specifically focusing on the optimization of its proprietary energy storage software and the scaling of its hardware manufacturing processes. As the global energy transition gains momentum, the company is strategically positioned to capitalize on the growing demand for localized, efficient, and intelligent energy storage systems. Future growth will likely involve deepening its footprint in the Indian industrial sector while exploring potential cross-border applications for its integrated energy management technology.

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Frequently Asked Questions Regarding Clean Electric Financial Insights

What are the most recent funding rounds that Clean Electric has completed, and what were the funding rounds?
Clean Electric has recently completed 2 funding rounds: Series A on Aug 30, 2024, Angel/Seed on Nov 21, 2022.
What is the total amount of funding Clean Electric has raised to date?
Clean Electric has raised a total of $7.5M in funding to date.
How many funding rounds has Clean Electric completed?
Clean Electric has completed 2 funding rounds.
How much funding did Clean Electric raise in its most recent funding round?
Clean Electric raised $5.3M in its most recent funding round.
Who are the lead investors in Clean Electric's latest funding round?
The lead investor in Clean Electric's latest funding round was Info Edge (India). To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Clean Electric's history?
The largest funding round in Clean Electric's history was $5.3M.
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