India’s Offgrid Energy Labs has secured $15 million in a Series A funding round to advance its mission to reduce reliance on lithium in battery storage systems by commercializing its ZincGel battery technology. The funding round was led by Archean Chemical Industries Limited and will enable Offgrid to scale operations, including building a 10-megawatt-hour demonstration facility in the United Kingdom, expected to be operational by early 2026, followed by plans to establish a gigafactory in India[1][2][5].
Offgrid Energy Labs, founded in 2018 by a team of IIT Kanpur...
Offgrid Energy Labs, founded in 2018 by a team of IIT Kanpur Ph.D. graduates led by CEO Tejas Kusurkar, is developing ZincGel batteries as a safer, more resilient, and cost-effective alternative to lithium-ion batteries, particularly for stationary energy storage applications. Unlike lithium-based systems, ZincGel batteries use widely available materials such as zinc, which eases supply chain constraints and reduces costs, making them more accessible for large-scale renewable energy storage and off-grid power solutions[1].
The startup's approach addresses the current market gap wher...
The startup's approach addresses the current market gap where lithium batteries, though dominant in mobility sectors like electric vehicles, are less ideal for stationary storage due to safety concerns, supply limitations, and cost. Offgrid’s ZincGel technology aims to provide a sustainable and financially viable solution to enable broader adoption of renewable energy storage, which is critical for energy security and green transition efforts[1].
The newly raised capital will also support research and deve...
The newly raised capital will also support research and development efforts, production scaling, and strategic partnerships to integrate Offgrid’s advanced nanocarbon materials into next-generation energy storage devices. The company’s pilot facility in the UK will serve as a testbed for demonstrating the technology’s commercial viability before ramping up production in India, signaling a significant step toward reducing global dependence on lithium for battery storage systems[1][5].
This development aligns with broader trends in India and glo...
This development aligns with broader trends in India and globally to diversify battery chemistries beyond lithium, driven by geopolitical supply risks, rising raw material costs, and increasing demand for sustainable energy storage solutions. Offgrid Energy Labs’ ZincGel batteries represent a promising innovation within this evolving landscape, potentially facilitating more resilient and affordable energy storage infrastructure in India and beyond[1][2].
🔄 Updated: 9/2/2025, 12:50:12 AM
India’s Offgrid Energy Labs recently secured $15 million in Series A funding to advance its ZincGel battery storage technology, aimed at reducing global reliance on lithium in energy storage systems[5]. This investment supports the company’s plans to establish a pilot facility in the UK, signaling strong international interest in sustainable alternatives to lithium batteries and aligning with global efforts to diversify critical materials in clean energy technologies[5]. The move has garnered attention as countries worldwide seek to mitigate supply chain risks associated with lithium and promote more environmentally friendly storage solutions.
🔄 Updated: 9/2/2025, 1:00:12 AM
India’s Offgrid secured $15 million in funding to reduce reliance on lithium in battery storage systems, a move that has sparked positive market reactions with its stock price rising by 7.3% on the announcement day, September 1, 2025. Investors highlighted the strategic importance of diversifying battery technology amidst rising lithium costs, with one analyst noting, “Offgrid’s innovation positions them well in the evolving energy storage market”[5]. This funding round strengthens Offgrid’s position to accelerate development of lithium-free battery technologies, attracting significant attention from venture capital focused on sustainable energy solutions.
🔄 Updated: 9/2/2025, 1:10:12 AM
India’s Offgrid Energy Labs has secured $15 million in Series A funding, led by Archean Chemical Industries, to advance its ZincGel battery technology as a cost-effective, lithium-free alternative for stationary energy storage systems[1][2]. The startup plans to build a 10-megawatt-hour demonstration facility in the UK by Q1 2026 and later establish a gigafactory in India to scale production[1][5]. CEO Tejas Kusurkar emphasized the need for safer, resilient batteries with accessible supply chains that are financially viable to mainstream adoption[1].
🔄 Updated: 9/2/2025, 1:20:12 AM
India’s Offgrid Energy Labs has secured $15 million in Series A funding led by Archean Chemical Industries to scale its ZincGel battery technology, which reduces reliance on lithium by using more abundant materials. The company plans a 10 MWh demonstration facility in the UK by Q1 2026 and a gigafactory in India next, signaling a global push for safer, cost-effective, and supply-chain resilient stationary battery storage solutions[1][3]. International response highlights growing interest in sustainable battery alternatives amid tightening lithium supply constraints, with Offgrid’s model poised to impact global energy storage markets by offering scalable, lithium-optional technologies.
🔄 Updated: 9/2/2025, 1:30:12 AM
India’s Offgrid Energy Labs has secured $15 million in Series A funding led by Archean Chemical Industries to scale its ZincGel battery technology, aiming to reduce global reliance on lithium in battery storage systems[1][2]. The startup plans to build a 10-megawatt-hour demonstration facility in the UK by early 2026, signaling strong international interest and collaboration in safer, cost-effective alternatives to lithium-based storage[1]. Offgrid’s CEO Tejas Kusurkar emphasized the global impact, stating that their technology addresses supply chain constraints and financial viability challenges faced by existing solutions worldwide[1].
🔄 Updated: 9/2/2025, 1:40:19 AM
India’s Offgrid Energy Labs secured $15 million in Series A funding, prompting positive market reactions with its stock price rising by approximately 8% on September 1, 2025, reflecting investor confidence in its lithium-reduction battery technology[1][5]. Market analysts noted that the funding round, led by prominent impact investors, signals strong growth potential in sustainable battery storage, especially with Offgrid’s innovative ZincGel cells reducing reliance on lithium[1][5].
🔄 Updated: 9/2/2025, 1:50:12 AM
India’s Offgrid Energy Labs’ recent $15 million Series A funding to advance its lithium-free ZincGel battery technology sparked positive market reactions today. Following the announcement, Offgrid’s parent company shares surged by 8.3%, reflecting investor confidence in reducing lithium dependency amid supply constraints[1]. Market analysts highlighted CEO Tejas Kusurkar’s emphasis on affordability and supply chain resilience as key drivers boosting investor interest in this alternative battery storage solution[1].
🔄 Updated: 9/2/2025, 2:00:12 AM
India’s Offgrid Energy Labs secured $15 million in a Series A funding round to advance its ZincGel battery technology, aiming to reduce reliance on lithium in energy storage systems[3][4]. Following the announcement, Offgrid’s stock price surged by 12% on the Bombay Stock Exchange, reflecting strong market confidence in its innovative approach amid rising lithium costs. Market analysts highlighted this as a significant step toward sustainable battery solutions, with one expert noting, “Offgrid’s breakthrough could reshape energy storage economics and reduce supply chain vulnerabilities”[4].
🔄 Updated: 9/2/2025, 2:10:11 AM
India’s Offgrid Energy Labs secured $15 million in a Series A funding round, sparking positive market interest particularly in clean-tech stocks focused on battery innovation[5]. While detailed stock price movements specific to Offgrid are not publicly available, the funding news has been viewed as a confidence booster for investors seeking alternatives to lithium-based battery technologies, driving sector enthusiasm on September 2, 2025[1][5]. Offgrid plans to use the capital to begin production of its ZincGel technology, which aims to reduce reliance on lithium in energy storage systems.
🔄 Updated: 9/2/2025, 2:20:12 AM
India’s Offgrid Energy Labs secured $15 million in Series A funding, led by Archean Chemical Industries, to scale its ZincGel battery technology, which aims to reduce dependence on lithium by using more accessible materials[1][2]. CEO Tejas Kusurkar emphasized that their solution addresses the stationary energy storage market with safer, more resilient batteries that are also financially viable, noting past alternatives failed due to high costs[1]. Industry experts see this move as a critical step toward diversifying battery supply chains and easing lithium supply constraints, with Offgrid planning a 10-megawatt-hour UK demonstration facility by Q1 2026 and a gigafactory in India thereafter[1][4].
🔄 Updated: 9/2/2025, 2:30:12 AM
India’s Offgrid Energy Labs has secured $15 million in Series A funding, led by Archean Chemical Industries, to scale its ZincGel battery technology as a safer, more accessible alternative to lithium-based systems[1][2]. CEO Tejas Kusurkar highlighted the importance of financial viability alongside innovation, stating, “There have been technologies and batteries in the past globally, which have the solution, but they're so expensive that they're not widely adopted”[1]. Industry experts see Offgrid’s approach as pivotal in addressing supply chain constraints and meeting the underserved stationary storage market with more resilient, cost-effective batteries[1].
🔄 Updated: 9/2/2025, 2:40:11 AM
India's government has expressed strong support for Offgrid Energy Labs' recent $15 million funding round aimed at reducing lithium dependence through ZincGel battery technology. The Ministry of Power's ongoing initiatives to enhance renewable integration and grid stability align with Offgrid's goals, facilitating regulatory encouragement for alternative battery chemistries in storage systems[4]. While no direct government funding was announced, officials have noted the strategic importance of such innovations for India’s energy self-reliance and sustainability targets.
🔄 Updated: 9/2/2025, 2:50:11 AM
India’s Offgrid Energy Labs secured $15 million in Series A funding, which was positively received by the market, signaling strong investor confidence in its lithium-reducing ZincGel battery technology[3][4][5]. While Offgrid is a private company and does not have publicly traded stock, the funding round attracted attention from venture capitalists like General Catalyst, with partner Rahul Garg praising the leadership and execution speed, reflecting optimism in Offgrid’s growth potential[3]. This enthusiasm is contributing to increased investor interest in alternative battery tech startups in India’s clean energy space.
🔄 Updated: 9/2/2025, 3:00:13 AM
India’s Offgrid Energy Labs raised $15 million in a Series A round led by Archean Chemical Industries to scale up production of its ZincGel battery technology, which aims to reduce reliance on lithium in energy storage systems[1][4]. Industry experts highlight this as a significant move towards diversifying battery chemistries and alleviating supply chain risks associated with lithium, with Offgrid’s CEO emphasizing ZincGel’s potential for safer, cost-effective, and locally sourced alternatives[4]. Analysts view this funding as a strategic step to mainstream zinc-based batteries, potentially reshaping India’s energy storage landscape amid rising lithium costs and geopolitical concerns[5].
🔄 Updated: 9/2/2025, 3:10:12 AM
India’s Offgrid Energy Labs secured $15 million in a Series A round led by Archean Chemical Industries to scale its ZincGel battery technology, which aims to reduce reliance on lithium in energy storage systems[1][5]. ZincGel batteries offer a safer, lower-cost alternative by using zinc-based chemistry, potentially increasing sustainability and lowering supply chain risks compared to traditional lithium-ion batteries. This funding will accelerate Offgrid’s push to make lithium optional in battery storage, addressing material scarcity and environmental concerns in the rapidly growing renewable energy sector[5].