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SUMMARY
Offgrid said the fresh proceeds will be deployed to set up a demo manufacturing unit in the UK and establish a gigawatt-scale plant in India
At the core of Offgrid’s alternative battery tech is a patented ZincGel chemistry, which the company claims enables customised battery configurations for diverse applications
Offgrid expects to commercially launch its batteries by the first quarter of next year and plans to focus on global markets such as Europe
Battery tech startup Offgrid Energy Labs
has raised $15 Mn…
