News Summary

Offgrid Energy Labs, an Indian deep-tech startup, has raised $15 million in Series A funding to advance its ZincGel battery technology, which offers a zinc-bromine-based alternative to conventional lithium-ion systems. The startup aims to address supply chain constraints by utilizing widely available materials, thus providing a cost-effective solution for energy storage. Founded in 2018 at IIT Kanpur, Offgrid Energy Labs plans to demonstrate its technology with a UK facility by 2026 and expand with a gigafactory in India. Their proprietary zinc-bromine battery system, capable of longer discharges and greater lifespan, is attracting interest from industries focused on renewable energy and net-zero goals.