NavaFlex Inc., a Columbus, OH-based pioneering developer of innovative power solutions addressing critical challenges in our energy future, has announced the successful close of its bridge-seed funding round, led by Abyro Capital, a US-India-focused venture capital firm headquartered in Dublin, OH, and Hyderabad, India. Founded in 2021 by Dr. Suvankar Sengupta, Dr. Ramachandra R. Revur, and Dr. Amul Tevar, NavaFlex operates across two key domains: groundbreaking flexible battery technology for wearables and IoT devices that can be seamlessly integrated onto fabrics, and advanced superconducting materials that enable next-generation electrical infrastructure. The company’s proprietary flexible battery technology creates ultra-thin, bendable batteries that are not only lightweight but also safe and washable. Their superconducting materials support more efficient power systems and emerging fusion power generation technologies.
NavaFlex’s breakthrough in energy storage technology perfectly aligns with our mission to back practitioner-led, visionary founders building category-defining solutions for massive, underserved markets,” said Vamsi Kora, Founder and Managing Partner of Abyro Capital. “We are thrilled to support their next chapter of growth and innovation.
Srinivas Rao Mahankali, Advisor at Abyro Capital & Former CEO T-Hub, added, What excites us most about NavaFlex is their ability to marry deep-tech innovation with real-world usability. Their solutions are not only technically sound but also practical, scalable, and deeply relevant to the future of wearable electronics and IoT.
Led by deep-tech veterans, Dr. Suvankar Sengupta and Dr. Ramachandra Revur, both accomplished scientists in sustainable energy and advanced materials, and Dr. Amul Tevar, a commercialization expert with ARPA-e credentials and a track record of scaling breakthrough energy technologies, NavaFlex brings together world-class R&D and real-world impact.
Abyro Capital focuses on early-stage investments in transformative technology sectors across the US and India. The firm recently launched a $25 million fund aimed at supporting startups in areas such as AI, healthcare, manufacturing, and supply chain solutions. Abyro has also partnered with T-Hub, a leading innovation ecosystem enabler in Hyderabad, India, to provide startups with mentorship, market access, and operational support.
The funding will be used to accelerate the commercialization of its battery technologies, expand its R&D and engineering teams, and enter the market with strong partnerships. Paving the way for a new generation of wearable electronics that are safer, more functional, and truly integrated into everyday life, the company is poised to play a pivotal role in the evolving landscape of wearable technology and smart devices.
“This investment represents a transformative moment in our mission to revolutionize energy solutions for tomorrow’s world,” said Dr Suvankar Sengupta of NavaFlex. With Abyro Capital’s strategic support, we’re positioned to accelerate our dual innovation approach, advancing both our flexible battery technology and superconducting materials, while building the partnerships necessary to create a more sustainable and efficient energy future that serves humanity’s growing power demands.
