Taqanal Energy builds an Intelligent Energy Storage Management System that integrates embedded intelligence in batteries with cloud applications. The company focuses on cloud-connected smart modular battery energy storage solutions aimed at accelerating EV adoption. Its products and services target a broad set of end markets including Auto, Railways, Aerospace, Renewable Energy, Industrial, Medical, Military, Recreation, UPS, and Electric Vehicles. Management says the business is pursuing battery swapping and monitoring solutions as part of its product roadmap. The company has also evolved new SaaS models intended to smooth transitions to smarter solutions in the EV ecosystem. Recent fundraising will be used to complete product development and to roll out battery swapping and monitoring solutions in 2022–23.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2022