Vecmocon Technologies raises over USD 18 million in Series A round

Vecmocon Technologies, an Indian deep-tech startup, secured over USD 18 million in Series A funding. EIF anchored the round, with participation from Aavishkaar Capital and BII. The investment will support market expansion and advancements in embedded design. Vecmocon aims to power over one lakh vehicles. Funding will also support team growth and R&D infrastructure for electric vehicles.

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