Race Energy

Hyderabad Based RACEnergy raises $1.3M led by Micelio Fund, growX ventures

RACEnergy, an electric vehicle infrastructure startup based in Hyderabad, revealed on Thursday that it has raised $1.3 million in a Seed+ round. The funds will be used to improve R&D, scale the company’s swapping technology and infrastructure, and fulfil pre-orders received in Hyderabad and surrounding Tier-II cities, thanks to Micelio Fund and growX Ventures, as …

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