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Vanadium redox flow battery (VRFB) company VFlowTech has raised $20.5 million in its latest round led by Granite Asia.
The round also saw participation from Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and returning investors including İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First.
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The startup plans to use the funds to grow its manufacturing, enter new markets, improve its AI-based energy management platform and strengthen its supply chains.
“Long-duration energy storage is critical in supporting 100% renewable energy, build out of EV infrastructure, and new energy demand required from accelerated AI adoption,” Granite Asia venture partner Kheng Nam Lee said, adding that the VC firm sees VFlowTech and vanadium flow batteries as being well-positioned “to capture this market in Asia and beyond.”
“India is at a tipping point in its clean energy journey. With this funding, we are not just bringing advanced energy storage technologies to market — we are shaping the future of sustainable energy infrastructure in the region.” said Dr. Avishek Kumar, Co-Founder and CEO of VFlowTech.
“With our AI energy platform, we intend to build digital brains to India’s energy backbone, while scaling our local manufacturing capabilities and creating high-quality jobs in the country,” added Dr. Kumar.
About VFlowTech
Founded in 2018 by Avishek Kumar, VFlowTech says its VRFB battery systems are safe, modular, and easy to scale, designed to support the growing need for reliable and eco-friendly power solutions.
VFlowTech’s VRFB technology lasts over 25 years, is very safe, and can fully discharge without losing performance. It’s being positioned as a safer, long-term alternative to lithium batteries for large power systems, microgrids, and commercial energy needs.
It also offers an AI-powered cloud platform that helps manage, monitor, and optimize energy use from renewable sources. It supports energy trading and provides extra services to the power grid.
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