In a world racing toward clean energy, one startup is quietly rewriting the rules of power storage. VFlowTech, a deep-tech energy company specializing in vanadium redox flow batteries (VRFB), has just secured $20.5 million in funding to scale its ambitious vision — and it’s betting big on India.
The round, led by Granite Asia, included a dynamic mix of global and strategic investors such as Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and returning backers like İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First. Their collective vote of confidence highlights one thing: the energy storage race is entering a new phase, and VFlowTech is emerging as a serious contender.
Founded in 2018 by energy entrepreneur Avishek Kumar, VFlowTech has made its mark in over 10 countries, quietly proving that long-duration storage isn’t a far-off dream but a here-and-now solution. Now, the company is preparing to take the leap — transforming its 100 MWh manufacturing facility in India into a full-fledged Gigafactory.
This move isn’t just about scale — it’s about timing. As India pushes ahead with its clean energy ambitions, adding nearly 30 GW of renewable capacity in FY 2024-25 and setting its sights on 500 GW by 2030, the need for reliable, long-duration storage has never been more urgent. Solar and wind are intermittent; batteries bridge the gap.
VFlowTech’s VRFB technology, known for its durability, safety, and ability to store energy for hours or even days, is perfectly positioned to serve microgrids, commercial and industrial users, and utility-scale projects. Already in active discussions with Indian renewable developers, the company is eyeing 1 GWh of deployments shortly.
But VFlowTech isn’t stopping at hardware. The team is also developing an AI-powered cloud energy management platform, designed to optimize energy use, predict demand, and even offer grid ancillary services. It’s a bold integration of physical infrastructure with intelligent systems — all aimed at helping power systems operate smarter and cleaner.
This new funding will not only supercharge production but also accelerate global deployments — and with India emerging as both a manufacturing and market hub, the ripple effects could be felt far beyond its borders.
In a sector where buzzwords often outpace substance, VFlowTech is quietly building the future — one battery, one grid, and one gigafactory at a time.
