What is Statiq?
Headquartered in Gurugram, India, Statiq operates as a comprehensive electric vehicle charging network provider. By deploying a robust array of charging stations, the company addresses the fundamental infrastructure gap that currently hinders mass EV adoption. Statiq leverages proprietary technology to manage energy distribution and user accessibility, effectively bridging the divide between automotive manufacturers and the end-user. Its market position is defined by a strategic focus on high-density urban centers and highway corridors, ensuring that the company remains at the forefront of the burgeoning green energy transition in South Asia.
How much funding has Statiq raised?
Statiq has raised a total of $25.7M across 1 funding round:
Series A
$25.7M
Series A (2022): $25.7M with participation from Shell Ventures
Key Investors in Statiq
Shell Ventures
The corporate venture capital arm of Shell, focusing on investing in innovative companies that support the energy transition and decarbonization efforts.
What's next for Statiq?
With the successful closure of this Series A round, Statiq is poised to enter a phase of aggressive infrastructure expansion. The capital will likely be deployed toward enhancing its hardware reliability, expanding its geographic reach, and integrating advanced software solutions to optimize grid load management. As the Indian government continues to incentivize the electrification of transport, Statiq is well-positioned to capture significant market share. The company's trajectory suggests a shift from early-stage development to a mature, enterprise-level utility model, focusing on long-term sustainability and network density to maintain its competitive advantage in the rapidly evolving EV ecosystem.
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