Archive · 24 Jan 2026
Meine Electric Raises $750,000 for Iron-Air Batteries
Meine Electric is a company in Chennai that makes special batteries using iron, air, and water.
These batteries can store energy for a long time, unlike regular ones.
They just got $750,000 from some investors to help them build bigger and better batteries.
The money will also help them hire more people and work with other companies.
Their batteries can store power for 16-24 hours and take 8 hours to charge.
They want to have these batteries ready for use by 2027.
Meine Electric raised $750,000 in pre-seed funding from multiple investors to develop iron-air battery systems.
The company aims to transition from lab prototypes to pilot-ready systems and strengthen its team and research infrastructure.
Their iron-air batteries can store energy for 16-24 hours and take 8 hours to charge, unlike lithium-ion batteries that store power for only a few hours.
The funding will also be used to deepen partnerships with Independent Power Producers (IPPs) and Energy Intensive C&I customers.
Meine Electric operates from a 5,000 sq ft facility in Chennai and plans to deliver turnkey, containerised iron-air battery systems by 2027.
- Who
- Meine Electric, a Chennai-based company manufacturing iron-air long-duration energy storage solutions
- What
- Raised $750,000 in pre-seed funding to build iron-air battery systems
- When
- January 24, 2026
- Where
- Chennai, India
- Why
- To accelerate the transition from laboratory-scale prototypes to pilot-ready iron-air battery systems and strengthen team and research infrastructure
- Company
- Meine Electric
- Funding Amount
- $750,000 (~₹6.7 crore)
- Investors
- Antler, Rebalance, Venture Catalysts, gradCapital, AIC-AU Incubation Foundation, Alexander Hogeveen Rutter
- Founders
- Priyansh Mohan, Stuti Kakkar
- Battery Technology
- Iron-air
- Charging Time
- 8 hours
- Storage Duration
- 16-24 hours
- Facility Location
- Chennai
- Facility Size
- 5,000 sq ft