Battery Smart Raises $29M in Series B

Battery Smart has successfully raised $29M in a Series B at a $180M valuation led by Blume Ventures, Orios Venture Partners.

Company Overview

Battery Smart is a CleanTech company headquartered in Gurgaon, India, founded in 2019 with 150+ employees.

EV battery swapping network

Fundraising Details

• Amount Raised: $29M
• Round Type: Series B
• Valuation: $180M
• Date: 2025-06-01
• Investors: Blume Ventures, Orios Venture Partners

About Battery Smart

EV battery swapping network The company is positioned in the CleanTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Gurgaon, India
• Founded: 2019
• Team Size: 150+
• Industry: CleanTech

What This Means

This funding round demonstrates strong investor confidence in Battery Smart's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The CleanTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Battery Smart's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $180M valuation marks an important milestone for Battery Smart, positioning the company among notable players in the CleanTech industry.

Looking Ahead

With this new capital, Battery Smart is well-positioned to execute on its growth strategy and continue building innovative solutions in the CleanTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-06-01. For more information about Battery Smart, visit their headquarters at Gurgaon, India.