EV startup RACEnergy raises funds for its battery swapping tech
Image Credit: evreporter
Deeptech battery swap startup RACEnergy has raised $3 Mn in a Pre Series A, debt and equity round led by growX ventures. The round also saw participation from Micelio Mobility, Huddle, and angel investors. With the fresh capital, RACEnergy wants to focus on developing its battery-swapping technology and building new facilities to support its growing operations.