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Lohum Cleantech raised $14.5 Mn in a Series B round led by Singularity Growth to fund capital expenditures, marketing, and general corporate purposes.

Mar 11, 2024

Amount Raised

$14.5 Million

Round Type

Series B

DelhiEnergyRenewable Energy

Investors

Madhuri MadhusudanMukul Mahavirparasad AgarwalBaring Private EquityVyoman IndiaSingularity Growth

Description

Lohum Cleantech, a battery tech startup, has raised approximately $14.5 million in its ongoing Series B round. The funding was led by Singularity Growth and other investors including Vyoman India, Baring Private Equity, Mukul Mahavirparasad Agarwal, and Madhuri Madhusudan.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as LOHUM that raised within 45 days of this round, from Fundz verified event records.

  • On.Energy raised $25M on April 25, 2024.
  • Terra One raised $7.5M (Seed) on April 25, 2024.
  • Belltown Power raised an undisclosed amount (Funding Round) on April 24, 2024.
  • Zefiro Methane Corp raised $560K (Seed) on April 23, 2024.
  • Redaptive raised $225M (Funding Round) on April 23, 2024.
  • Aquabattery raised $6.5M (Seed) on April 22, 2024.

Who to call at LOHUM, and when

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Company Information

Company

LOHUM

Location

Delhi, Delhi, India

About

Lohum is a battery recycling and battery repurposing firm with immense growth opportunities both in India and globally. The company aims to contribute to India’s mission for cleantech solutions.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

LOHUM raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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