Dreamfly Innovations raises US$328,000
India-based energy-tech startup Dreamfly Innovations has raised almost US$328,000 in non-dilutive venture debt from SIDBI. The proceeds will be used to support working capital and expand manufacturing capacity as the company scales operations.
Backed by Avaana Capital, Dreamfly Innovations designs and manufactures advanced smart battery systems for drones, aviation, and aerospace applications. The firm focuses on lithium solid-state and graphene-based batteries, built to deliver higher energy density, improved safety, and better thermal performance.
Source: https://www.graphene-info.com/dreamfly-innovations-raises-us328000
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