Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Cygni Energy Raises USD 6.4 Million To Drive Growth, Expansion | Business Standard News
Venture Capital

Cygni Energy Raises USD 6.4 Million To Drive Growth, Expansion | Business Standard News

by business-standard.com posted 11months ago 40 views
Solar-DC solutions startup Cygni Energy today announced it has raised USD 6.4 million through a combination of equity and debt. The equity funding is led by Endiya Partners, an early-stage venture capital firm that invests in product startups, and the debt by IndusInd Bank, the company said in a statement. According to the statement, the funds will help the startup in expanding capacity, strengthening R&D capabilities and increasing market reach. Cygni manufactures one of the most efficient solar controllers and had raised an initial funding in 2014.

In this article