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RACE Energy logo — We are hiring!

RACE Energy

We are hiring!

Founded 2018 India Hyderabad, India 65 employees Seed Total: $104.76M Energy Storage, Automotive

General Information

Company Name RACE Energy
Founded Year 2018
Location India Hyderabad, India +1
Founders / Decision Makers
Team member
Employees 65
Industries Energy Storage, Automotive
Funding Stage Seed
Social

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About RACE Energy

RACE Energy is at the forefront of revolutionizing the mobility sector with its commitment to harnessing clean and efficient technologies. Founded in 2018 and headquartered in India, the company operates at the intersection of the Energy Storage and Automotive industries. By focusing on sustainable energy solutions, RACE Energy is addressing some of the pivotal challenges in modern transportation, aligning well with global environmental goals.

With its recent $3.00M Seed Round investment finalized on 09 May 2023, the company has demonstrated robust potential and garnered support from notable investors, including growX ventures, Huddle, Axilor Ventures, and the Micelio Fund. This funding injection is poised to boost their R&D capabilities and market entry strategies, propelling RACE Energy towards accelerated growth and innovation.

Taxonomy: clean technology, electric vehicles, EV powertrains, battery swapping, sustainable mobility, electric auto, power and torque, rapid charging, fleet operations, emission reduction, electric vehicle infrastructure

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 3
Investor Investor
•••• •••• 		09 May 2023
Seed Round •••••• 4
Investor Investor Investor
•••• •••• 		09 May 2023
Grant •••••• 2
Investor
•••• •••• 		04 Oct 2022
Seed Round •••••• 1 •••• •••• 21 Sep 2022
Non-Equity Assistance •••••• - 30 Mar 2022

View All 8 Funding Rounds

RACE Energy Alternatives & Competitors

RACE Energy vs
PHASE ELECTRIC
PHASE ELECTRIC United States

Reliable and affordable electric panel repair and installations for homes, offices, and commercial b...

32 employees
RACE Energy vs
FuroSystems
FuroSystems United Kingdom

We design, manufacture and distribute ultra light high performance electric vehicles at the best pri...

Seed
3 employees
Hardware, Manufacturing
Compare RACE Energy vs FuroSystems
RACE Energy vs
Smart Charge America
Smart Charge America United States

We're making the transition to sustainable electric transportation easy.

20 employees
Energy, Energy Efficiency
Compare RACE Energy vs Smart Charge America
Also compare with: RACE Energy vs North West REC North West REC

FAQ About RACE Energy

We are hiring!
RACE Energy was founded in 2018.
RACE Energy is headquartered in Hyderabad, India.
RACE Energy operates in the following industries: Energy Storage, Automotive.
RACE Energy has approximately 65 employees.
RACE Energy has completed 8 funding rounds, raising a total of $104.76M. The latest funding stage is Seed.
Top alternatives and competitors to RACE Energy include PHASE ELECTRIC, FuroSystems, Smart Charge America, North West REC, Unlimited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
RACE Energy and PHASE ELECTRIC 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.

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