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Shadine Taufik · · 1 min read

SG renewable energy startup bags $10m series A

VFlowTech is an energy storage solutions provider that manufactures modular vanadium redox flow batteries, which are rechargeable batteries for microgrids and off-grid applications. The company is headquartered in Singapore.

Funding details

  • Funding amount: US$10,000,000
  • Lead investor: Real Tech Holdings
  • Other investors: Seeds Capital (investment arm of Enterprise Singapore), Wavemaker Partners, Sing Fuels, Michael Gryseels, İnci Holding, Pappas Capital, Carbon Zero Venture Capital
  • Stage: Series A
  • Source

More details

VFlowTech

The company was founded in 2018 by Avishek Kumar and Arjun Bhattarai.

Stage Amount (US$) Investors
Seed 800,000 Entrepreneur First, Apsara Investments, Michael Gryseels
Pre-series A 3 million Doug Parker, Temasek Holdings, Sing Fuels, Seeds Capital (investment arm of Enterprise Singapore), Michael Gryseels, Gary Lee, Wavemaker Partners, Steve Melhuish, Alexander Turnbull
Series A 10 million Wavemaker Partners, Seeds Capital (investment arm of Enterprise Singapore), Real Tech Holdings, Pappas Capital, Sing Fuels, İnci Holding, Carbon Zero Venture Capital, Michael Gryseels
Total 13.8 million

Editing by Miguel Cordon and Dhania Putri Sarahtika

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Shadine Taufik

Fan of all things AI and art.