Entuple E-Mobility raises pre-Series A funding of $3 million
- ByStartupStory | January 13, 2023
Entuple E-Mobility, a manufacturer of parts for electric vehicles, announced on Thursday that Blue Ashva Capital and Capital A had contributed $3 million (more than Rs 24 crore) to a funding round.
The pilot episode Entuple E-Mobility will use the funds it obtained to improve its Research and Development (R&D) capabilities in order to create next-generation powertrain technology.
According to a statement from the company, the money would also allow it to expand the sophisticated technology services it provides to OEM (original equipment manufacturer) clients.
23 different integrated motor and controller variations make up Entuple E-product Mobility’s portfolio.
Entuple E-Mobility, a research and development (R&D) company for electric vehicles founded in 2019 by Rakesh Mishra, specialises in the design, development, testing, and system validation of drivetrains (electric motors and controllers) and combination charging stations. The electric motor inventions from Entuple E-Mobility range from 1kW to 150kW and can power mopeds, scooters, bikes, cars, e-rickshaws, sedans, SUVs, and big vehicles. In addition, it asserts that it has introduced a number of hub motor and mid-drive motor powertrains for 2Wh and 3Wh applications by utilising its domestically produced next-generation powertrain solution stack, which is competitive in terms of cost, efficiency, and dependability.
The business has also created a variety of custom goods and services for the aerospace, defence, and spacetech industries.
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