How Much Did Clean Electric Raise?
Funding & Key Investors

Clean Electric, a prominent player in the energy storage sector, has successfully secured a total of $7.5M in capital to accelerate its mission of revolutionizing power management. The company recently finalized a major strategic investment of $5.3M, marking a significant milestone in its transition from an early-stage innovator to a mature enterprise-level entity. This latest infusion of financing underscores the growing market confidence in the firm's proprietary hardware and software solutions, which are designed to optimize energy efficiency across diverse industrial applications.

The funding trajectory, which began with foundational support in 2022, reflects a consistent growth narrative. By securing this latest round, Clean Electric is well-positioned to scale its operations and solidify its footprint within the competitive Indian energy landscape.

What is Clean Electric?

Clean Electric
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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:

2022

Angel/Seed

$2.2M

2024

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.

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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 Big Pi Ventures. 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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