VFlowTech Raises $20.5 Million to Accelerate Long-Duration Energy Storage and AI Integration
VFlowTech, a pioneering long-duration energy storage solutions provider, has effectively raised $20.5 million in its recent funding round.
The lead investment was made by high-profile venture capital firm Granite Asia, joined by new investors EDBI, MOL PLUS, and PSA Ventures, along with ongoing support from existing investors Antares Ventures, İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First.
This capital will allow VFlowTech to grow its groundbreaking Vanadium Redox Flow Batteries (VRFBs) technology and develop its AI-driven energy management platform, maximizing efficiency and facilitating new revenue opportunities.
The firm aims to strengthen its supply chain functions through vanadium recycling, electrolyte development, and membrane technology. Growing Energy Storage Solutions for a Greener Future
VFlowTech's innovative long-duration energy storage technology is an imperative solution in meeting the increasing demand for renewable energy and electric vehicle infrastructure.
With Singapore emerging as a world leader in sustainability and smart energy, VFlowTech's cloud AI platform will provide innovative smart grid capabilities that will enable customers to maximize energy usage, engage in energy trading, and maximize the return on investment of their energy storage systems.
Dr. Avishek Kumar, Founder and CEO of VFlowTech, said, “As industries and governments prioritise sustainability, VFlowTech is at the forefront of providing advanced storage solutions that optimise energy usage and reduce environmental impact. With this investment, we are poised for significant growth and technological advancement.”
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Technological Advancements and Market Expansion
The investment will also allow VFlowTech to increase its manufacturing capacity and speed up its international expansion, especially targeting areas such as Southeast Asia and India, which are key to its growth strategy.
The firm plans to develop large-scale battery systems for port terminals and other infrastructure developments, contributing meaningfully to renewable energy integration and industrial decarbonization.
The expansion strategies of the company will concentrate on major areas including utilities, grid-scale storage, renewable integration, and industrial decarbonization, meeting Asia's pressing demand for clean, affordable energy while improving grid stability and energy security.
With this substantial investment, VFlowTech is well positioned to develop its strength in the energy storage space and advance global efforts at decarbonization. The AI-based energy storage solutions of the company will not only be optimizing energy usage but also offer the necessary infrastructure for the transition to a cleaner, greener future.
