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Deeptech startup Sthyr Energy raises $1 million in seed funding from Speciale Invest and Antares Ventures to advance energy storage technology.

PRIVATEJun 25, 2025

Amount Raised

$1 Million

Round Type

Seed

ChennaiEnergyRenewable Energy

Investors

Antares VenturesSpeciale Invest

Description

Sthyr Energy has secured $1 million in seed funding led by Speciale Invest, with participation from Antares Ventures. The company is developing Zinc-Air battery systems aimed at long-duration and seasonal energy storage. These innovative systems utilize non-flammable, water-based electrolytes for increased safety. The funding will support R&D and help scale up the product for diverse applications.

Quick answer

Sthyr Energy raised $1 Million in a Seed round, dated June 25, 2025. Investors: Antares Ventures and Speciale Invest. Sthyr Energy is based in Chennai, Tamil Nadu, India.

How much did Sthyr Energy raise?
Sthyr Energy raised $1 Million in a Seed round on June 25, 2025.
Who invested in Sthyr Energy?
Antares Ventures and Speciale Invest are named as investors in this round.
What does Sthyr Energy do?
Sthyr Energy is a deeptech startup developing energy storage systems, particularly focusing on mechanically rechargeable Zinc-Air battery systems designed for long-duration and seasonal storage.
Where is Sthyr Energy based and how big is it?
Sthyr Energy is based in Chennai, Tamil Nadu, India.
Who are the decision-makers at Sthyr Energy?
Fundz holds 1 contact at Sthyr Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Energy Vault raised $299M (Funding Round) on August 9, 2025.
  • Greenalia raised $50M (Debt Financing) on August 7, 2025.
  • Hylenr Technologies raised $3M (Pre-Series A) on August 6, 2025.
  • Hydroleap raised $4.8M (Funding Round) on July 30, 2025.
  • Octopus Investments Australia Pty. Ltd raised $650M on July 29, 2025.
  • Planted Solar raised $12M (Funding Round) on July 29, 2025.

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Company Information

Company

Sthyr Energy

Location

Chennai, Tamil Nadu, India

About

Sthyr Energy is a deeptech startup developing energy storage systems, particularly focusing on mechanically rechargeable Zinc-Air battery systems designed for long-duration and seasonal storage. Founded by researchers from IIT Madras, the company aims to enhance safety with non-flammable, water-based electrolytes and enables modular deployments for various applications. Their technology is poised to compete with lithium-ion batteries by delivering a levelised cost of energy suitable for extensive energy storage needs. Sthyr's innovative solutions are especially relevant in the context of increasing renewable energy penetration in India.

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

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