About Hastin Energy
Hastin Energy is a company based in Bengaluru (India) founded in 2020 by Mainak Saha and Amit Shroff. Hastin Energy has raised $164.7 thousand across 2 funding rounds from investors including WEH Ventures, Netscribes and Bhukhanvala. The company has 1 employees as of April 06, 2024. Hastin Energy offers products and services including Immersion Cooled Module, Skateboard Platforms, Energy Bricks, Power Packs, and LV BMS. Hastin Energy operates in a competitive market with competitors including SunPower, 24m Technologies, Sunwoda Electronic, Amprius Technologies and Enovix, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 06 Apr, 2024
- Founders Mainak Saha, Amit Shroff
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Hastin Energy Private Limited
- Date of Incorporation 11 Dec, 2020
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$36.69 K (USD)154.51as on Mar 31, 2023
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Net Profit
-$15.05 K (USD)-308.29as on Mar 31, 2023
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EBITDA
-$41.51 K (USD)-1163.91as on Mar 31, 2023
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Total Equity Funding
$164.7 K (USD)
in 2 rounds
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Latest Funding Round
$29.65 K (USD), Angel Round
Sep 27, 2024
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Investors
WEH Ventures
& 10 more
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Employee Count
1
as on Apr 06, 2024
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Products & Services of Hastin Energy
Hastin Energy offers a comprehensive portfolio of products and services, including Immersion Cooled Module, Skateboard Platforms, Energy Bricks, Power Packs, and LV BMS.
Provides efficient cooling for lithium-ion batteries in high-demand applications.
Integrates battery systems for electric vehicle structures.
Offers compact, modular energy storage for various uses.
Delivers robust power solutions for portable and industrial needs.
Manages low-voltage systems for safe battery operation.
Handles high-voltage control in battery setups.
Funding Insights of Hastin Energy
Hastin Energy has successfully raised a total of $164.7K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $29.65 thousand completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Hastin Energy
Hastin Energy has secured backing from 11 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include WEH Ventures, Netscribes and Bhukhanvala.
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Provision of seed capital and support to early-stage founders solving India-centric problems.
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Manufacturing and supplying boron carbide materials for industrial applications.
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Srinivasan Satyamoorthy |
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Investor details for Hastin Energy
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Investments & Acquisitions by Hastin Energy
Investment portfolio details for Hastin Energy
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Financial Statements - Hastin Energy
Detailed financials for Hastin Energy
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Hastin Energy Comparisons
Peer comparison for Hastin Energy
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Competitors of Hastin Energy
Hastin Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SunPower, 24m Technologies, Sunwoda Electronic, Amprius Technologies and Enovix, among others.
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Silicon-based solar PV modules are manufactured for diverse applications.
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Semi-solid lithium-ion batteries are developed to address manufacturing issues.
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Manufacturer of lithium battery modules
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Silicon nanowire-based Li-Ion batteries are developed for high energy density.
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Lithium-ion battery cells are developed with 3D silicon anode technology.
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Farasis Energy is engaged in sustainable energy solutions development.
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Detailed competitors of Hastin Energy
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Latest news on Hastin Energy
Complete news archive for Hastin Energy
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Frequently Asked Questions about Hastin Energy
Hastin Energy was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Hastin Energy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Hastin Energy is a funded company, having raised a total of $164.7K across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Hastin Energy is 1.
Annual revenue of Hastin Energy is $36.69K as on Mar 31, 2023.
Hastin Energy, established in 2020, excels in working in the energy sector, and developing energy storage. Import and development of lithium ion batteries. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Hastin Energy's top competitors include SunPower, 24m Technologies and Enovix.
Hastin Energy offers Immersion Cooled Module, Skateboard Platforms, Energy Bricks, Power Packs, and 2 more products and services.
Hastin Energy has 11 investors. Key investors include WEH Ventures, Netscribes, Bhukhanvala, Srinivasan Satyamoorthy, and Voxtur Investment.
The valuation of Hastin Energy is $2.63M as of Sep 2024.