EV intelligence startup Vecmocon raised $5.2 million in Pre Series A from Tiger Global, Blume Ventures and other prominent angel investors.
Vecmocon provides battery management systems, vehicle intelligence services, instrument clusters, motor controllers, EV chargers, and other products. The funds will be used to build the startup’s team, scale operations, and innovate new products. “We intend to use this fundraise primarily to invest in team and technology,” Vecmocon cofounder and CEO Peeyush Asati said in a statement. The plug-and-play service is currently integrated into EV OEM products, focusing on EV two-wheelers, three-wheelers, forklifts, and tractors.
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EV intelligence startup Vecmocon raised $5.2 million in Pre Series A from Tiger Global, Blume Ventures and other prominent angel investors.
Vecmocon provides battery management systems, vehicle intelligence services, instrument clusters, motor controllers, EV chargers, and other products. The funds will be used to build the startup’s team, scale operations, and innovate new products. “We intend to use this fundraise primarily to invest in team and technology,” Vecmocon cofounder and CEO Peeyush Asati said in a statement. The plug-and-play service is currently integrated into EV OEM products, focusing on EV two-wheelers, three-wheelers, forklifts, and tractors.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
