Deeptech startup Sthyr Energy raises $1 million from Speciale Invest, Antares Ventures

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Sthyr Energy, a deeptech startup developing energy storage systems, has raised $1 million in seed funding from early-stage investor Speciale Invest, with Antares Ventures also participating.

Founded by Gunjan Kapadia, Akhil Kongara and Muhammed Hamdan, researchers from IIT Madras, Sthyr is developing mechanically rechargeable Zinc-Air battery systems designed for long-duration and seasonal storage.

The system uses non-flammable, water-based electrolytes to increase safety, while its architecture decouples energy and power components, enabling modular…



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Deeptech startup Sthyr Energy raises $1 million from Speciale Invest, Antares Ventures


Sthyr Energy, a deeptech startup developing energy storage systems, has raised $1 million in seed funding from early-stage investor Speciale Invest, with Antares Ventures also participating.

Founded by Gunjan Kapadia, Akhil Kongara and Muhammed Hamdan, researchers from IIT Madras, Sthyr is developing mechanically rechargeable Zinc-Air battery systems designed for long-duration and seasonal storage.

The system uses non-flammable, water-based electrolytes to increase safety, while its architecture decouples energy and power components, enabling modular…



Source link

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.

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