Entrepreneur News Network

India’s Factories Pay ₹35 Per Unit for Diesel Power. VoltSeal Just Raised Pre-Seed Funding to End That.

Voltseal

Every time a factory in India flips on a diesel generator, it pays between ₹25 and ₹35 per unit of electricity. Grid power, by comparison, costs ₹6 to ₹9 per unit. Stored solar energy even less. That gap — between what India’s commercial and industrial sector pays for backup power and what it should pay … Read more

Solidion Technology Secures $1 Million Non-Dilutive Bridge Financing

Solidion

Solidion Technology Inc. (Nasdaq: STI), a leading provider of advanced battery technology solutions, has announced the successful execution of a $1 million non-dilutive bridge financing facility with one of its major shareholders. The funding will provide additional working capital to accelerate Solidion’s ongoing expansion while ensuring that existing shareholders are not diluted. Strengthening Financial Stability … Read more