Exponent Energy logo — On a mission to simplify energy for EVs.

Exponent Energy

On a mission to simplify energy for EVs.

Founded 2020 India Bengaluru, India 228 employees Series B Total: $409.40M Energy, Industrial +1

General Information

Company Name Exponent Energy
Founded Year 2020
Location India Bengaluru, India
Founders / Decision Makers
Team member
Employees 228
Industries Energy, Industrial, Automotive
Funding Stage Series B
Social

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About Exponent Energy

Exponent Energy, founded in 2020 and headquartered in India, has garnered attention with its mission to simplify energy for electric vehicles (EVs). With the slogan "On a mission to simplify energy for EVs," the startup has unlocked a groundbreaking 15-minute full charge for EVs, applicable to any vehicle format & Li-ion cell 🚛 🔋⚡️. This innovation has attracted significant investment, including a noteworthy $26.40M Series B investment on 14 December 2023. Notable investors in this round include Lightspeed Venture Partners, 3one4 Capital, Eight Roads Ventures, YourNest Venture Capital, AdvantEdge Founders, Pawan Munjal Family Trust, and TDK Corporation. As the energy sector continues to evolve in the face of increasing EV adoption and sustainability concerns, Exponent Energy's innovative approach positions the company well for future growth and impact in the industry.

Business keywords: EV charging, Energy startup, Fast charging technology, Battery technology, Electric vehicle innovation

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Series B $26.40M 7
Lightspeed Venture Partners, 3one4 Capital +5
14 Dec 2023
Series A $13.00M 3
YourNest Venture Capital, AdvantEdge Founders +1
17 Aug 2022
Venture Round Undisclosed -
03 Aug 2022
Seed Round INR370.00M -
08 Dec 2021

Exponent Energy Alternatives & Competitors

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FAQ About Exponent Energy

On a mission to simplify energy for EVs.
Exponent Energy was founded in 2020.
Exponent Energy is headquartered in Bengaluru, India.
Exponent Energy operates in Energy, Industrial and Automotive. Its work centres on EV charging, Energy startup, Fast charging technology and Battery technology.
Exponent Energy has approximately 228 employees.
Exponent Energy has completed 4 funding rounds, raising a total of $409.40M. The latest funding stage is Series B.
Top alternatives and competitors to Exponent Energy include Ample, Battrion, Linkcharging Technology, Gridio, Sono Motors. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Exponent Energy and Ample are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Exponent Energy, https://bouncewatch.com/company/exponent-energy, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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