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					</table><p>Bengaluru-based energy startup <a href="https://www.emoenergy.in/" target="_blank" rel="noopener">EMO Energy</a>, which builds battery packs for high-power applications, has raised ₹100 million (~$1.2 million) in a seed round led by <a href="https://transitionventurecapital.com/" target="_blank" rel="noopener">Transition Venture Capital</a>. The round was co-led by <a href="https://www.gruhas.com/" target="_blank" rel="noopener">Gruhas</a>.</p>
<p>EMO Energy offers battery packs for light electric vehicles (EVs). The company said these battery packs are powered by ZEN, a proprietary cell-agnostic tech platform that allows 100% fire safety, 20-minute fast charging, and 120% improvement in battery life.</p>
<p>EMO’s 2-and-3-wheeler battery system is AIS-156 Phase 2 certified and is in mass production.</p>
<p>EMO is also implementing its ZEN platform for commercial vehicles, tractors, and large-scale energy storage.</p>
<p>EMO said that all applications use the same standard battery module and are equipped to provide solutions for alternative chemistries in the future.</p>
<p>EMO’s Co-founder and CEO Sheetanshu Tyagi said, “Transition VC is enabling our access to the grid storage market (for residential and commercial applications such as lead acid battery &amp; diesel genset replacement), which will help us in deploying ZEN for grid storage applications in the near future. ZEN PAC, the platform&#8217;s 20 min charge battery pack for 2-and-3-wheelers allows the lowest total operating cost (&lt;₹1 (~$0.012/km), &gt;5 years warranty, and 120% improvement in the life of standard nickel manganese cobalt and lithium-iron-phosphate cells.”</p>
<p>EMO is Transition VC’s maiden investment from its recently launched Energy Transition-focused fund worth ₹4 billion (~$48.3 million).</p>
<p>Transition VC’s Co-founder &amp; Managing Partner Mohammed Shoeb Ali said, “Solutions like EMO’s ZEN Platform are integral to India’s endeavors to sustain its EV goals and achieve Net-Zero. EMO’s batteries utilize the latest and safest immersion thermal management technology and allow fast charge and higher vehicle power. This, along with the in-house Smart BMS and AI Battery Life Extension algorithms, allows continuous optimization of performance and a 2X increase in lifespan.”</p>
<p>A recent report by NITI Aayog and Rocky Mountain Institute <a href="https://www.mercomindia.com/domestic-battery-manufacturing-crucial-to-achieving-indias-non-fossil-fuel-goals" target="_blank" rel="noopener">stated</a> that developing a localized advanced cell supply-chain ecosystem will help India create a competitive advantage in mobility, grid energy storage, and consumer electronics.</p>
<p>According to Mercom&#8217;s <a href="https://mercomcapital.com/product/q1-2023-funding-ma-report-storage-grid/" target="_blank" rel="noopener">Q1 2023 Funding and M&amp;A Report for Storage and Grid</a>, Energy Storage companies saw a decline in VC funding, including both private equity and corporate venture capital, in Q1 2023.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/gourav-mishra/" class="vcard author" rel="author"><span class="fn">Gourav Mishra</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/WhatsApp-Image-2022-04-06-at-6.37.25-PM-1-1.jpeg" width="50" /></p>
<p><strong style="text-decoration: underline">Gourav,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">More articles from Gourav.</a></p>
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<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/WhatsApp-Image-2022-04-06-at-6.37.25-PM-1-1.jpeg" width="89" height="102" /><a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">Gourav</a> is a staff reporter with Mercom India with over six years of experience in various roles with NewsX, The New Indian Express, IBTimes India, and U.S., Republic, and Analytics India Magazine. Gourav has a Master&#8217;s in journalism from Jain University, Bengaluru. <a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">More articles from Gourav Mishra</a></div>
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Battery Startup EMO Raises ₹100 Million in Seed Funding Round

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