Funding · Climate, Energy & Sustainability
Albatross Energetics raises $1.05M in Pre-Series A
By Startup Enthusiast ·
- Date
- Company
- Albatross Energetics
- What it does
- Energy-efficient industrial cooling systems
- Kind
- Funding
- Amount
- $1.05M
- Stage
- Pre-Series A
- Based in
- Mumbai
- Founded
- 2021
What they do
Albatross Energetics develops energy-efficient AC and dehumidification systems for industrial use
What happened
It raised $1.05M in Pre-Series A funding led by Transition VC
Why it matters
The company plans to use the funds for pilot manufacturing and commercial deployments
The details
- Albatross Energetics has raised $1.05M in a Pre-Series A funding round.
- The round was led by Transition VC.
- The company will use the funds for pilot-scale manufacturing and commercial deployments.
- It will also strengthen its engineering and QA team and accelerate R&D.
- The company previously raised Rs 1.3 crore in 2024 from Social Alpha and SINE.
- Albatross Energetics was founded in 2021 by Sudarsan M S and Srihari B.
- The company is based in Mumbai, India.
The bigger picture
- Demand for sustainable cooling is rising due to industrial decarbonization and energy efficiency goals.
- The company's technology cuts energy for humidity control compared to conventional systems.
- It targets sectors like pharmaceuticals, semiconductors, and food processing.
About the business
- Albatross Energetics develops energy-efficient AC and dehumidification systems for industrial use.
- It uses proprietary liquid desiccant technology that extracts moisture from air.
- This technology reduces energy consumption for humidity control compared to conventional systems.
- Target sectors include pharmaceuticals, semiconductors, electronics, batteries, food processing, chemicals, and textiles.
- The company helps manufacturers cut operating costs and carbon footprint via energy efficiency.
- It plans to expand its technology beyond industrial use to commercial buildings and global cooling markets.
- The company has 11 employees.
What happens next
- Use funds for pilot-scale manufacturing and commercial deployments.
- Strengthen engineering and QA team.
- Accelerate R&D.
- Expand technology to commercial buildings and global cooling markets.
The deal
- Type
- Pre-Series A
Investors
- Transition VC (lead) — A venture capital firm that led the Pre-Series A round.
Founders
- Sudarsan M S, Co-founder
- Srihari B, Co-founder
About Albatross Energetics
- Product
- Energy-efficient air conditioning and dehumidification systems for industrial applications using proprietary liquid desiccant technology
- Customers
- Industrial sectors including pharmaceuticals, semiconductors, electronics, batteries, food processing, chemicals, and textiles
- How it makes money
- Hardware design, manufacturing, and deployment of industrial cooling systems
- What sets it apart
- Proprietary liquid desiccant technology removes moisture directly from air; reduces energy requirements for humidity control; helps customers reduce operating costs and carbon emissions
- Operations
- Designs, manufactures, and deploys industrial systems; pilot scale manufacturing facilities
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