Adiabatic Technologies raises Rs 8.3 crore to power robots and drones

Deeptech energy company Adiabatic Technologies has raised Rs 8.3 crore in a seed funding round to scale up its lithium-ion battery systems for robotics, drones, defence equipment and industrial machinery. The round was led by Malpani Ventures and Avinya Ventures, with participation from Appreciate Capital, DeVC, San Francisco-based Operators Studio and the UPES Incubator. Founded in 2022 by IIT Hyderabad alumnus Darshan Meher, the Ahilyanagar and Pune based company designs custom battery packs,