Nysha Mobility Tech raises USD 3.5 million in Seed Funding, to bridge EV Supply Chain Gap with Growth Capital
Bengaluru (Karnataka) [India], April 11 (ANI/NewsVoir): EV components start-up, Nysha Mobility Tech (NMT), has raised USD 3.5 million in its seed funding round. A combination of equity and debt, the seed round saw participation from Touchstone Ventures, Panthera Peak Capital, and select family offices and angel investors. In addition to capital expenditure, the funds will be used towards developing cutting-edge technology to optimize the manufacturing process, R&D of EV components, as well as the use of IoT and AI in manufacturing. At present, the company has onboarded over 40 customer...
Source: aninews.in
