Zenergize secures pre-Series A funding led by Giraffe Studios
The funding round also witnessed participation from several industrial entrepreneurs and existing investors, including Nikhil Sawhney and Varun Agarwal.
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Deeptech startup Zenergize Technologies has raised $4 million in a pre-Series A funding round led by Giraffe Studios. The round comprises a mix of equity and venture debt financing.
The funding round also witnessed participation from several industrial entrepreneurs and existing investors, including Nikhil Sawhney, Varun Agarwal, Shyam Bagri, Raoul Bajaj, Sunil Kalra, Ajith Pai, Sandeep Barasia, Nitin Jain and Hemant Daga, among others.
The company plans to use the fresh capital to expand its manufacturing capacity, strengthen engineering and research capabilities, scale its sales and service network, and accelerate product development. It is also working on new offerings such as hybrid inverters and battery energy storage systems (BESS).
Founded in 2024 by Navneet Daga and Veer Karan Goyal, Zenergize develops Silicon Carbide (SiC)-based power electronics solutions for electric mobility and renewable energy applications. Daga brings experience across consulting, finance and operations roles at companies including Accenture, JP Morgan and Delhivery, while Goyal leads the company’s technology and product development efforts.
The startup manufactures solar inverters and AC and DC EV chargers, with charging solutions supporting capacities of up to 240 kW. It also offers AI-powered monitoring through its ZenSense platform and focuses on building power electronics technology designed for Indian operating conditions.
Zenergize claims to have achieved an annual revenue run rate of Rs 30 crore and built an order book of more than Rs 150 crore within a year of commercialisation.
Prior to this round, Zenergize had raised $2 million in seed funding in 2025 from Delhivery co-founder Mohit Tandon and Aspiring Minds founder Himanshu Aggarwal.