Zenergize Technologies raises $4M in pre-Series A round led by Giraffe Studios for Silicon Carbide power electronics

Zenergize Technologies, a deeptech startup specializing in Silicon Carbide (SiC)-based power electronics, has successfully raised $4 million in a pre-Series A funding round led by Giraffe Studios. This funding round, which includes both equity and venture debt, attracted a notable group of investors, including Nikhil Sawhney of Triveni Turbine Limited and Sunil Kalra, a prominent angel investor.¹²³

The capital raised will be utilized to expand manufacturing capacity, enhance engineering capabilities, and grow Zenergize's nationwide service network and sales footprint. The startup aims to accelerate its research and development efforts and build operational capabilities to cater to large enterprise and OEM customers.

Himanshu Aggarwal, Co-founder of Giraffe Studios, emphasized the importance of supporting teams that drive deep tech innovation in India, stating, “Giraffe Studios is focused on Driving Deep Tech innovation in India. We believe this round will establish Zenergize as not only India’s first high voltage power electronics company but also a formidable player in India.”

Navneet Daga, Co-founder & CEO of Zenergize Technologies, remarked, “The past year has demonstrated that world-class power electronics can be designed, manufactured and commercially viable in India. Our next phase is about building the manufacturing scale, engineering capability and customer partnerships required to make Indian technology globally competitive.”