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Enerzolve raises $5.1 Mn in seed round led by Jungle Ventures and Kae Capital

EntrackrEntrackr · 12h ago
Enerzolve raises $5.1 Mn in seed round led by Jungle Ventures and Kae Capital
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Bengaluru-based clean-tech hardware startup Enerzolve Smart Technologies has raised $5.1 million (Rs 44.9 crore) in a seed funding round co-led by Jungle Ventures and Kae Capital. The round also saw participation from several angel investors, including founders and senior operators from Zetwerk, Livspace, Unacademy, Urban Vault, and Panthera Peak. The proceeds will be used to accelerate IP development, expand engineering and product teams, and scale pilot manufacturing for its smart grid and energy storage products. It will also invest in certification and go-to-market efforts for utilities, private DISCOMs, and storage developers. Founded by Abhay Adya and Anupam Kumar Bhatt, Enerzolve is building semiconductor-powered embedded systems and power electronics solutions for smart grids, renewable energy infrastructure, and battery storage. The firm focuses on developing proprietary IP across silicon, firmware, and power electronics, aimed at utilities, EPC players, and energy developers. The startup operates across two key segments: smart grid systems including protection relays, smart meters, and analyzers, and energy storage infrastructure spanning batteries, BMS, PCS, inverters, and energy management systems. Its products are designed to meet India-specific regulatory, safety, and cost requirements.

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