Exponent Energy develops a proprietary full-stack energy solution that enables 15-minute rapid charging for commercial EVs and offers a 3,000-cycle life warranty using regular lithium-ion cells. The company combines its battery and charger technology with the Exponent OTO mobility platform and Exponent ONE financing and asset-management arm to address energy, vehicles and access to capital. Exponent highlights interoperability across its charging stations, millions of charging sessions and more than three years of field performance as evidence of commercial readiness. It aims to become the preferred energy partner for OEMs and to power millions of commercial vehicles across India. The company plans to use new capital to expand into additional cities and vehicle categories and to strengthen R&D as it scales its energy and asset-management offerings.

Total raised

$65M

Funding rounds

4

Latest round

Series B

Latest activity

Jun 2026