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Vecmocon Raises $18 Million in Series A Funding to Drive Next-Gen EV Intelligence and Clean Mobility

  • Vecmocon Technologies, a deep-tech startup focusing on vehicle intelligence for electric mobility, secures $18 million in Series A funding led by Ecosystem Integrity Fund (EIF).
  • Vecmocon, founded in 2016, aims to accelerate India's transition to clean and connected mobility by developing software and electronic systems tailored for electric vehicles.
  • The funding will be utilized to expand market presence, enhance R&D capabilities, and support team growth in embedded systems, power electronics, IoT, and data science.
  • Vecmocon's solutions power over 100,000 electric vehicles in India and the company plans to broaden its offerings to include high-voltage vehicles and energy storage systems for global markets.

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