Commercial traction and strategic investor backing to accelerate manufacturing, R&D and the next generation of indigenous power electronics products. Zenergize Technologies, an R&D-driven deep-tech company developing indigenous Silicon Carbide (SiC)-based power electronics, today announced it has raised USD 4 million in a Pre-Series A round, comprising equity and venture debt and led by Giraffe Studios with participation from prominent industrial entrepreneurs. The raise follows strong commercial traction that has seen the company reach an annual revenue run rate of ₹30 crore and build an order book exceeding ₹150 crore within a year of commercialisation. The fundraise follows a year of rapid product iteration and commercialisation for Zenergize and will support the company’s next phase of growth as it expands manufacturing capacity and its sales and service network across India. The capital will also help deepen the company’s capabilities as it builds globally competitive power electronics products designed and manufactured in India. Giraffe Studios increased its existing investment in Zenergize as part of the round, reflecting continued conviction in the company’s technology, execution and vision for building advanced power electronics in India. The round also brought together a distinguished group of strategic investors, including Nikhil Sawhney of Triveni Turbine Limited; Varun Agarwal of Ellenbarrie Industrial Gases; Shyam Bagri of Bagrry’s Holdings; Raoul Bajaj of Trafigura; angel investor Sunil Kalra; Ajith Pai, former COO of Delhivery; Sandeep Barasia, former CBO of Delhivery; Nitin Jain, managing director of Neo Group; and Hemant Daga, CEO of Neo Bank, alongside other angel investors and continued participation from existing investors. The investor group brings decades of experience across industrial manufacturing, engineering, supply chains, financial services and the power sector. Beyond capital, these investors will support Zenergize in scaling manufacturing operations, strengthening supplier partnerships and building long-term relationships across India’s renewable energy and electric mobility ecosystem. Zenergize has built India’s first indigenous SiC-based DC fast charger and solar inverter platforms, bringing advanced power electronics technology to commercial deployment in India. With automotive certifications for its chargers and BIS certification for its solar inverters, the company is now scaling manufacturing and expanding its technology platform into hybrid inverters and Battery Energy Storage Systems (BESS). The fresh capital will primarily be deployed toward expanding manufacturing capacity, strengthening engineering, growing its nationwide service network and sales footprint, and accelerating research and development, as well as building the operational capabilities required to serve large enterprise and OEM customers. Zenergize expects the investment to support its ambition of scaling to an annual revenue run rate exceed
