Adiabatic Technologies has raised Rs 83 million in a seed funding round led by Malpani Ventures and Avinya Ventures. The funding round also saw participation from Appreciate Capital, DeVC, Operators Studio, and UPES Incubator.
The company will use the proceeds to expand its manufacturing capacity to 100 MWh annually, accelerate product development, strengthen its engineering team, and scale the deployment of its lithium-ion battery systems across robotics, defence, drones, electric mobility, marine, agricultural equipment, and industrial energy storage applications.
Adiabatic Technologies develops custom lithium-ion battery packs, smart chargers, and proprietary battery management systems for original equipment manufacturers (OEMs) operating in high-reliability industries. The company has deployed more than 20,000 battery systems across over 25 OEMs serving sectors such as robotics, defence, drones, agricultural equipment, electric vehicles, and solar energy.
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