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electric vehicle innovation

Simple Energy Raises $26.3 Million, Plans FY28 IPO

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Suhas Rajkumar, Shreshth Mishra, and Ankit Gupta, co-founders, Simple Energy

Bengaluru-based electric vehicle startup Simple Energy has secured ₹250 crore (approximately $26.3 million) in a fresh funding round as the company accelerates its manufacturing expansion and prepares for a future public listing. The funding round comprised a mix of equity investment and debt financing, providing the electric scooter manufacturer with additional capital to scale production, … Read more

High Temperature Material Systems Raises £1.3 Million to Scale Advanced Heat-Resistant Material Production

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High Temperature

High Temperature Material Systems (HTMS), a UK-based advanced materials startup headquartered in Stratford-upon-Avon and Bristol, has raised £1.3 million in funding to accelerate the development and commercialization of its innovative heat-resistant materials. The funding round was backed by the British Business Bank’s South West Investment Fund and Midlands Engine Investment Fund II, through fund managers … Read more