Clean Electric Secures $6 Million in Series A Funding to Accelerate EV Battery Technology

Clean Electric Secures INR 48.5 Cr in Series A Funding

Clean Electric, a pioneer in rapid fast-charging battery technology, has successfully raised $6 million in Series A funding. The investment round was co-led by Info Ventures, Pi Ventures, and Kalaari Capital, with additional support from Lok Capital and other investors.

The new funding will fuel the company’s advancements in energy-storage R&D, sales, operations, and the development of cutting-edge products aimed at faster charging and renewable energy storage solutions.

Akash Gupta, Co-Founder and CEO of Clean Electric, emphasized that the investment not only boosts their financial resources but also validates their innovative efforts to transform electric vehicles (EVs) into a practical and eco-friendly option for consumers. The company also plans to extend its technology to electric four-wheelers and commercial vehicles.

Recently, Clean Electric showcased its rapid 12-minute charging capability for electric two- and three-wheelers in Pune, utilizing public charging stations while ensuring a battery lifespan of over 3,700 cycles.

Founded in 2016 by Akash Gupta, Abhinav Roy, and Ankit Joshi, Clean Electric has now raised a total of $9 million to date.

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