Vecmocon Technologies Secures $18 Million to Advance EV Systems

Vecmocon Technologies has raised $18 million in a Series A funding round, according to Entrepreneur. The funding was led by the Ecosystem Integrity Fund, with participation from Aavishkaar Capital and British International Investment. Existing investor Blume Ventures also joined the round.

The capital will be used to scale Vecmocon's proprietary embedded systems, power electronics, and data intelligence platforms, which are currently utilized in tens of thousands of vehicles across India. The company aims to expand its engineering teams and enhance its R&D capabilities to meet international standards for the electric automotive sector.

Vecmocon, founded in 2016, focuses on developing robust systems tailored for Indian conditions while aligning with the global transition toward clean energy. The company is also preparing for international expansion by integrating new technologies such as zonal ECU-compliant architectures and 5G-enabled V2X communication.