Deeptech Startup Adiabatic Technologies Raises ₹8.3 Crore in Seed Funding

Adiabatic Technologies, a company developing lithium-ion battery systems for industrial applications, has raised ₹8.3 crore in a Seed funding round led by Malpani Ventures and Avinya Ventures. The round also saw participation from Appreciate Capital, DeVC, Operators Studio (San Francisco), and UPES Incubator.

The company said the funds will be used to expand its manufacturing capacity to 100 MWh annually, support product development, strengthen its engineering team, and scale deployment of its battery systems across sectors including robotics, defence, drones, electric mobility, marine, agri-equipment, and industrial energy storage.

Founded in 2022 by IIT Hyderabad alumnus Darshan Meher, Adiabatic Technologies is an Ahilyanagar- and Pune-based company that designs and manufactures lithium-ion battery packs, battery chargers, and Battery Management Systems (BMS) for OEMs. According to the company, it has deployed more than 20,000 battery systems across over 25 OEMs operating in robotics, defence, drones, agri-equipment, electric vehicles, and solar energy.

Darshan Meher, Founder and CEO of Adiabatic Technologies, said “This funding allows us to accelerate what we’ve been building over the last few years: high-performance battery systems designed and engineered in India. Our focus remains the same: solving difficult engineering problems for customers operating in demanding environments. The capital will help us expand manufacturing, strengthen our engineering team, and continue investing in product development.”

Dhruv Sane, Principal at Malpani Ventures, said “We believe that the real value in Battery manufacturing lies in engineering: designing systems that perform reliably under demanding operating conditions. Adiabatic has built strong capabilities across battery design, thermal management and battery management systems, while demonstrating the execution needed to translate that engineering into commercial products. As demand grows across robotics, defence and industrial automation, we believe companies with differentiated technology rather than commoditised assembly will create lasting value. We’re excited to partner with Darshan and the team as they build Adiabatic.”

Gaurav Singvi, Managing Partner at Avinya Ventures, said “It is impressive to see the kind of work Darshan and the Adiabatic team are doing. They are able to rethink each component of battery hardware or software and rework it to solve for the customers. We are glad to partner with them on this journey.”

Abhishek Agarwal, General Partner at Appreciate Capital, said “Physical AI is unlocking real adoption across robotics, drones, defence and agri-equipment. A underlying problem statement common across the board – is the battery system underneath. That is a long-horizon engineering problem and relevant in a global context. We have wanted to invest in this space for a while, and in Darshan we found a team thinking about it with the right depth. Delighted to be backing Adiabatic.”

According to the company, Adiabatic designs its battery systems in-house, including cell selection, battery pack architecture, thermal management, and Battery Management Systems (BMS). Its battery systems are intended for applications requiring high discharge rates, rapid charging, battery monitoring, and thermal management. The company said it is expanding its product portfolio for robotics, autonomous mobile robots (AMRs), industrial automation, unmanned aerial systems, and other industrial applications.

Also read: BatX Energies raises ₹105 crore in Series A funding