Delectrik Systems is developing very low cost long duration sustainable energy storage system
Business Model: B2C
Revenue: $0
Employees: 11-50
Address:
City: Gurgaon
State: Haryana
Zip:
Country: India
Delectrik Systems is developing very low cost long duration sustainable energy storage system. The major challenge in widespread adoption of Renewable sources such as Solar/Wind is it’s intermittency and inability to store the energy for later use. The existing energy storage batteries are expensive and lasts for a few years and thus are essentially consumables. Delectrik is addressing this problem by developing Energy Storage systems which are low cost, long life and long duration. These systems are essentially an affordable Energy Storage asset rather than an expensive consumable. Delectrik’s products when combined with Renewables provide for 24×7 clean energy thereby mitigating the use of fossil fuels and its harmful effect on climate and provides affordable electricity to its users.f
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2019 | Venture Round | 1 | - |
Sangam Ventures Sangam Ventures |
1/2019 | Venture Round | 1 | - |
Sangam Ventures Sangam Ventures |
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