Deep Tech energy startup Adiabatic Technologies has raised ₹83 million (~$872,517) in a seed funding round led by Malpani Ventures and Avinya Ventures. Other investors who participated in the fundraise were Appreciate Capital, DeVC, Operators Studio (San Francisco), and UPES Incubator.
Adiabatic said it plans to use the fresh capital to expand its manufacturing capacity to 100 MWh annually, accelerate product development, strengthen its engineering team, and scale deployment of its battery systems across segments such as robotics, defense, drones, and industrial energy storage.