+
Lohum Secures $54 Million for Global Expansion
POWER & RENEWABLE ENERGY

Lohum Secures $54 Million for Global Expansion

Lohum, a leading player in the energy storage solutions market, has successfully raised $54 million in Series B funding, marking a significant milestone in its journey towards global expansion. The funding round was led by prominent investors, indicating confidence in Lohum's innovative technology and strategic vision.

The substantial investment will enable Lohum to accelerate its international expansion plans and strengthen its position as a key player in the global energy storage market. The company aims to leverage the funding to scale up its manufacturing capabilities, enhance research and development efforts, and establish a stronger presence in key markets worldwide.

Lohum's advanced energy storage solutions cater to a wide range of applications, including electric vehicles, renewable energy integration, and grid stabilisation. With increasing demand for sustainable energy solutions worldwide, Lohum is well-positioned to capitalise on emerging opportunities and drive innovation in the energy storage sector.

The successful completion of the Series B funding round underscores investor confidence in Lohum's business model, technology, and growth prospects. It also reflects the growing importance of energy storage solutions in enabling the transition towards a cleaner and more sustainable energy future.

Overall, the infusion of $54 million in Series B funding represents a significant milestone for Lohum, empowering the company to accelerate its global expansion efforts and capitalise on the growing demand for advanced energy storage solutions across diverse markets worldwide.

Lohum, a leading player in the energy storage solutions market, has successfully raised $54 million in Series B funding, marking a significant milestone in its journey towards global expansion. The funding round was led by prominent investors, indicating confidence in Lohum's innovative technology and strategic vision. The substantial investment will enable Lohum to accelerate its international expansion plans and strengthen its position as a key player in the global energy storage market. The company aims to leverage the funding to scale up its manufacturing capabilities, enhance research and development efforts, and establish a stronger presence in key markets worldwide. Lohum's advanced energy storage solutions cater to a wide range of applications, including electric vehicles, renewable energy integration, and grid stabilisation. With increasing demand for sustainable energy solutions worldwide, Lohum is well-positioned to capitalise on emerging opportunities and drive innovation in the energy storage sector. The successful completion of the Series B funding round underscores investor confidence in Lohum's business model, technology, and growth prospects. It also reflects the growing importance of energy storage solutions in enabling the transition towards a cleaner and more sustainable energy future. Overall, the infusion of $54 million in Series B funding represents a significant milestone for Lohum, empowering the company to accelerate its global expansion efforts and capitalise on the growing demand for advanced energy storage solutions across diverse markets worldwide.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code