Funding and M&A Roundup: Battery Startup WATTALPS Secures $12 Million

IndiGrid receives $82.7 million in investment commitments from AIMCo and HDFC

September 4, 2024

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WATTALPS, a European lithium-based battery startup, has secured €11 million (~$12 million) in Series A funding. New investors led this funding round, including Supernova Invest, Move Energy, Ring Capital, and CASRA Capital. Existing investors like EIT InnoEnergy, Eximium, and EIC Fund participated in this round. The funding will allow the company to expand its product range, improve its patented cooling technology to meet additional market needs, and extend its commercial coverage beyond Europe.

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