Exponent Energy raises $13 million in Series A funding

Exponent Energy is a fast-charging battery and charger technology developer in India. Based on its battery management system (BMS), charging algorithm and unique battery pack design, Exponent Energy provides users with E-pack, E-pump and other battery and charging solutions. Unlocks 15-minute fast charging for electric vehicles using ordinary lithium-ion batteries. Exponent Energy recently announced a $13 million Series A round led by Lightspeed, with participation from YourNest VC, 3one4 Capital, and AdvantEdge VC.

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