The Energy Company, a full-stack EV battery intelligence provider, has raised $2 million in a pre-Series A funding round led by Siana Capital. The round also saw participation from Callapina Capital, Z21 Ventures, 1Crowd, LetsVenture and other strategic investors.
The funds raised will be used to scale production of FlexiPack for wider EV adoption, advance battery intelligence capabilities for fleet operators and strengthen its footprint in the energy storage sector.
“Building The Energy Company has been a roller coaster journey filled with challenges, learning, and growth. This funding milestone is a testament to our team’s relentless innovation and the trust of our investors. We are grateful to our partners and ecosystem supporters who have guided us along the way. A special thanks to SanchiConnect for their role in this journey. With this support, we are ready to scale and drive the future of battery intelligence and energy storage,” said Rahul Lamba, CEO of The Energy Company.
“The EV revolution is well underway in India, and at Callapina Capital, we’ve been actively looking for the right early-stage opportunity to invest in. While there’s a lot of action across the battery value chain, what attracted us to The Energy Company (TEC) is their sharp focus on solving a critical gap in commercial EV adoption,” said Vinod Jose, co-founder of Callapina Capital.
“TEC deeply understands the pain points of fleet operators—battery lifespan, high financing costs, and unpredictable performance—and has built a full-stack battery intelligence platform to address them. Their Flexi technology enables ultra-fast charging, adaptive battery management, and second-life applications, fundamentally transforming fleet economics. Thus in a crowded market, TEC is able to carve out a differentiated and scalable space for itself by leveraging their proprietary IP,” Jose added.
Founded in 2021 by Lamba, Prashant Rathee, Pratik Somani, and Vinay Karulkar, The Energy Company develops fast-charging batteries and the accompanying software stack that enables adaptive battery management and second-life applications, among others.
Through fast-charging battery solutions and adaptive battery intelligence, The Energy Company help businesses and individuals access affordable, efficient, and sustainable energy.
The Energy Company has partnered with IPO-bound Ather Energy to integrate its Flexi batteries into a network of over 2,000 charging stations across India. The company also advanced its battery technology to enable ultra-fast charging, second-life applications and adaptive battery management.
