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Funding · AI & Deep Tech

Zenergize Technologies raises $4 million in Pre-Series A

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Date
Company
Zenergize
What it does
Deep-tech power electronics manufacturer
Kind
Funding
Amount
$4 million
Stage
Pre-Series A
Based in
Gurugram
Sector
AI & Deep Tech

What they do

Zenergize Technologies builds domestic Silicon Carbide-based power electronics including rooftop solar inverters and electric vehicle fast chargers

What happened

Giraffe Studios led this four million dollar Pre-Series A investment, which blends direct equity with venture debt financing

Why it matters

The company plans to use these funds to scale its manufacturing capacity, research and development, and national service network

The details

  • The business gathered $4 million through its latest Pre-Series A capital intake.
  • The financing structure combines company shares with venture debt (loans for early-stage firms that carry share options).
  • Existing backer Giraffe Studios headed the transaction by expanding its ownership share.
  • Multiple prominent angel investors and corporate executives joined the financing effort.
  • Proceeds will help enlarge domestic assembly plants and bolster engineering programs.
  • Management plans to broaden the firm's commercial and maintenance footprint throughout India.

The bigger picture

  • Global semiconductor manufacturing is progressively adopting Silicon Carbide (a modern compound material) for heavy power handling.
  • The enterprise seeks to help the country build its own high-end hardware rather than rely on foreign equipment.
  • Engineers tailored these systems to withstand harsh Indian electrical grid variations and weather conditions.

About the business

  • Its solar portfolio features photovoltaic inverters with capacities between 2.2 kW and 15 kW.
  • The lineup includes commercial DC fast chargers spanning 30 kW to 240 kW alongside smaller AC units.
  • R&D teams are currently engineering integrated storage units and hybrid inverters for battery systems.
  • Every inverter follows recent domestic mandates requiring local data storage and automated machine communication.

What happens next

  • Leadership projects reaching a annualized run rate above Rs 100 crore within three quarters.

The deal

Type
funding

Investors

  • Giraffe Studios (lead) — Existing investor that increased its stake.

Founders

  • Navneet Daga, Co-founder & CEO
  • Dr. Veer Karan Goyal, Co-founder & CTO

About Zenergize

Product
Silicon carbide-based power electronics, including EV chargers and solar inverters.
Customers
Electric mobility and renewable energy businesses.
How it makes money
Hardware product sales and related deployment for industrial and infrastructure customers.
What sets it apart
R&D-driven development of indigenous SiC power electronics.
Operations
Expanding manufacturing, engineering, sales, service, and product development capabilities.

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