What is Clean Electric?
Founded in 2016 and headquartered in India, Clean Electric is dedicated to developing and deploying innovative hardware and software solutions for energy storage. The company operates within the rapidly evolving cleantech and renewable energy landscape, addressing critical needs for grid stability and efficient energy management. Its focus on integrated energy storage systems positions it as a key contributor to India's clean energy transition and a significant entity in the global push for sustainable power infrastructure.
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 7Square Ventures, LV Fund, Climate Angels, and Kalaari Capital
Series A (2024): $5.3M led by Info Edge (India) and Big Pi Ventures
Key Investors in Clean Electric
Climate Angels
Climate Angels is a SEBI-registered Category I Investment Fund that focuses on early-stage investments in climate technology and pollution reduction, connecting high-potential startups with investors in sectors such as clean mobility and renewable energy.
Kalaari Capital
Kalaari Capital is a venture capital firm focused on investing in early-stage technology companies in India, providing capital and strategic guidance across various sectors including FMCG, eCommerce, and SaaS.
Info Edge (India)
Info Edge (India) Limited is a leading online classifieds company in India, specializing in recruitment, matrimony, and real estate, and is committed to providing innovative digital services.
What's next for Clean Electric?
The recent major strategic investment signifies a pivotal moment for Clean Electric, likely enabling the company to accelerate its product development, scale manufacturing capabilities, and expand its market penetration. This infusion of capital is expected to fuel further innovation in energy storage technology and support the company's mission to provide reliable and sustainable energy solutions. Clean Electric is poised to leverage this financial backing to solidify its position as a leader in the energy storage sector, potentially exploring new geographical markets and strategic partnerships to enhance its growth.
See full Clean Electric company page
