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Singapore-based VFlowTech secures USD 20.5 Million to expand its vanadium battery manufacturing in India, supporting the country’s clean energy goals with scalable long-duration storage and AI-powered energy management systems.
May 15, 2025. By EI News Network
Singapore-based VFlowTech, a provider of long-duration energy storage solutions, has secured USD 20.5 million in fresh funding to scale its operations in India.
The investment will help expand its 100 MWh battery manufacturing facility into a full-fledged gigafactory and accelerate the deployment of its Vanadium Redox Flow Battery (VRFB) systems across the country, the company said in a statement. The funding round was led by Granite Asia, with participation from Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and existing investors including İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First.
VFlowTech’s expansion comes at a critical moment as India intensifies efforts to meet its ambitious target of 500 GW of non-fossil fuel energy capacity by 2030. The company’s VRFB technology is seen as a viable solution to stabilise renewable-rich grids, offering more than 25 years of lifespan, deep discharge capabilities, and enhanced safety over conventional lithium-ion systems.
The company also offers an AI-powered energy management platform designed to optimise distributed renewable assets and support grid services, including energy trading.
“India is at a tipping point in its clean energy journey,” said Dr. Avishek Kumar, Co-Founder and CEO of VFlowTech. “With this funding, we aim to scale local manufacturing, drive innovation in vanadium recycling, and create high-quality jobs while building a smarter, cleaner energy infrastructure,”he added.
With plans to deploy up to 1 GWh of VRFB systems in India over the next few years, VFlowTech is in advanced talks with renewable developers and industrial clients. The company will also invest in developing a local vanadium supply chain and electrolyte innovation to ensure cost and production efficiencies.
Anand Anupam, Chief Commercial Officer, added, “India represents one of the world’s most exciting clean energy opportunities. Our long-duration storage and AI-integrated systems are perfectly positioned to meet the country’s growing demand for 24/7 reliable renewable power.”
The investment marks a strategic step forward in India’s energy transition, as long-duration storage technologies like VRFB become essential to achieving grid stability and sustainable growth.
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