- Adiabatic Technologies, a company developing lithium-ion battery systems for industrial applications, has raised ₹8.3 crore in a Seed funding round led by Malpani Ventures and Avinya Ventures.
- The round also saw participation from Appreciate Capital, DeVC, Operators Studio, and UPES Incubator.
- The company said the funds will be used to expand its manufacturing capacity to 100 MWh annually, support product development, strengthen its engineering team, and scale deployment of its battery systems across sectors including robotics, defence, drones, electric mobility, marine, agri-equipment, and industrial energy storage.
- Founded in 2022 by IIT Hyderabad alumnus Darshan Meher, Adiabatic Technologies is an Ahilyanagar- and Pune-based company that designs and manufactures lithium-ion battery packs, battery chargers, and Battery Management Systems (BMS) for OEMs.
- According to the company, it has deployed more than 20,000 battery systems across over 25 OEMs operating in robotics, defence, drones, agri-equipment, electric vehicles, and solar energy.
- The company had previously raised ₹1.1 crore in an angel funding round from Soonicorn Ventures and other investors in November last year.
Adiabatic Technologies, founded in 2022 by IIT Hyderabad alumnus Darshan Meher, specializes in lithium-ion battery systems for industrial applications. The startup has raised ₹8.3 crore in seed funding, co-led by Malpani Ventures and Avinya Ventures, with additional support from Appreciate Capital, DeVC, Operators Studio, and UPES Incubator.14
The funding will be utilized to expand manufacturing capacity to 100 MWh annually, enhance product development, and strengthen the engineering team. Adiabatic aims to scale its battery systems across sectors such as robotics, defence, drones, electric mobility, marine, agri-equipment, and industrial energy storage.3
/entrackr/media/media_files/2026/08/04/adibatic-2026-08-04-21-47-10.png)
The company has already deployed over 20,000 battery systems across more than 25 OEMs in various industries, including electric vehicles and solar energy. Meher stated, “This funding allows us to accelerate what we’ve been building over the last few years: high-performance battery systems designed and engineered in India.”
Investors highlighted the importance of engineering in battery manufacturing, with one stating, “Adiabatic has built strong capabilities across battery design, thermal management, and battery management systems.” The startup competes with others like EMO Energy, Clean Energy, Neuron Energy, and Inverted Energy.
“Founded in 2022 by IIT Hyderabad alumnus Darshan Meher, the startup previously raised ₹1.1 crore from Soonicorn Ventures and plans to use the new funds to expand manufacturing capacity to 100 MWh annually. It has deployed 20,000+ battery systems across 25+ OEMs, serving sectors including robotics, defence, drones, electric vehicles and solar energy.”
EVreporter
