Sthyr Energy Private Limited has raised $1 million from a fundraise led by Speciale Invest.
GameChanger Law Advisors represented lead investor Speciale Invest on this fundraise. The Firm assisted Speciale Invest in reviewing and negotiating the transaction documentation.
The transaction team consisted of Samheeta Rao (Senior Partner) and Dia Shetty (Associate).
Sequitur Advocates & Consultants advised Sthyr Energy on this fundraise.
The transaction team consisted of Utpal Kant (Managing Partner) and Prateek Arora (Associate)
Sthyr Energy, a deeptech spin-out from IIT Madras founded by Gunjan Kapadia, Akhil Kongara, and Muhammed Hamdan, has designed an innovative mechanically rechargeable zinc‑air battery system for long-duration and seasonal energy storage.
The company is developing mechanically rechargeable zinc-air battery systems designed for long-duration and seasonal energy storage. Unlike conventional lithium-ion batteries, Sthyr’s solution is based on non-flammable, water-based electrolytes, and enables modular scaling by decoupling energy and power components—allowing for over 100 hours of backup. The startup aims to pilot a 300 kWh system and eventually serve grid operators, renewable energy farms, remote microgrids, and defence sectors
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