Bengaluru-based deep-tech battery start-up Flowatt Battery Science has raised INR 22 million in its pre-seed funding round led by accelerator PedalStart.

The capital will be directed towards technology optimisation, completing the proof-of-concept (POC) for its electric battery and building alliances with insurers, EV financiers, OEMs and other stakeholders.

Flowatt focuses on powering commercial mobility fleets for e-commerce and quick-commerce segments. It uses a Battery-as-a-Service (BaaS) pay-per-use model for electric two-wheelers and three-wheelers, which aims to lower battery purchase costs for fleet operators. The service uses IoT-enabled tracking and data analytics to optimise battery performance and cost-efficiency.

The company has scaled its BaaS model to nearly 1,500 batteries across multiple Indian cities. Following the funding, Flowatt plans to deploy over 20,000 batteries under its BaaS offering, achieve over INR 25 million monthly recurring revenue (MRR), and expand to more than 15 cities across tier 1 and tier 2 India by the end-FY2027.

Siddhartha Srivastava, Bikesh Jha and Vikash Singh, Co-Founders of Flowatt Battery Science, said: “We are thrilled to announce our pre-seed round led by PedalStart, a significant milestone set to propel Flowatt’s journey ahead. In the near term, the funds raised shall be instrumental in enabling us to optimise and scale our new battery-as-a-service solution that offers a three-fold edge- minimal cost, longest battery life and assured buyback guarantee. As the electric mobility scene in India soars, managing EV batteries efficiently throughout their lifecycle has emerged as an imperative. At Flowatt, we’re doing this by combining cutting-edge battery science with data science and aiming to bridge the gaps between advanced energy storage technologies and long-term value creation for the ecosystem. Our unique BaaS model and tech ensure that India’s EV owners and fleet operators can make efficient data-driven decisions, while minimising costs and negative environmental impact. In the long run, we aspire to make EV adoption more affordable, accessible, profitable and sustainable.”

Manas Pal and Aditya Darolia, Co-Founders, PedalStart, said,: “As India accelerates towards large-scale electrification, Flowatt is solving one of the most pressing challenges in the nation’s EV ecosystem today- the economics of battery adoption. By shifting batteries from being a capital-heavy purchase to a flexible service offering, they are removing the biggest pain points with commercial EV adoption. Plus, their focus on battery assurance, lifecycle management and second-life applications makes them one of the most exciting deep-tech players today. We were impressed by the founding team’s domain experience and expertise, dedication to execution and vision, and are extremely happy to be a part of their growth story as Flowatt’s early believer, investor and backer.”

Flowatt offers real-time health monitoring and lifecycle underwriting through its in-house technology, which is designed to promote a circular energy economy by extending battery life and enabling second-life applications.

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Israel-based autonomous software technology company Mobileye has announced that a US automaker will integrate the Mobileye Driver Monitoring System (DMS) into its future vehicle models.

The programme utilises the EyeQ6L system-on-chip (SoC), with production scheduled to commence in 2027. The agreement expands an existing Advanced Driver Assistance Systems (ADAS) partnership and is expected to encompass millions of vehicles.

The platform unifies interior sensing, including DMS and Occupant Monitoring (OMS), with exterior road perception on a single chip. This integration allows the system to evaluate driver engagement by correlating eye gaze with real-world road conditions.

Key technical objectives include:

• Hardware Consolidation: Running driver monitoring and ADAS perception on one SoC to eliminate the requirement for a separate Electronic Control Unit (ECU).
• Contextual Awareness: Distinguishing between general distraction and active driver engagement by monitoring whether attention corresponds with specific road events.
• Alert Precision: Reducing false alerts and refining takeover requests for higher levels of vehicle autonomy.

The system is designed to meet Euro NCAP 2026 scoring requirements and prepare for the Euro NCAP 2029 protocol, which is anticipated to shift the industry benchmark from basic eye tracking to detection of meaningful engagement.

Nimrod Nehushtan, EVP of Business Development and Strategy, Mobileye, said, “The next generation of intelligent driving demands richer context from every part of the vehicle – the road ahead, the cabin, and the interplay between them. At the same time, automakers are looking to scale advanced driving features across their lineups without the cost penalty of additional hardware or complex system integration. Mobileye DMS delivers on both – running context-aware driver monitoring on a single ADAS chip and ECU platform. This combination is something Mobileye is uniquely positioned for, and we look forward to helping our customers deploy at scale.”

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The Centre of Excellence in Advanced Automotive Research (CAAR) at IIT Madras, in partnership with the Tamil Nadu Industrial Development Corporation (TIDCO), is establishing the Advanced Automotive Translational Research Centre (AATRC). The facility will be located at the Tamil Nadu Knowledge City in Tiruvallur.

The project involves an investment of around INR 2 billion over the next five years. The centre will occupy 40,000 sqft of research and laboratory infrastructure dedicated to translational research and product development for next-generation automotive technologies.

Technical focus areas for the AATRC include:

• Powertrains and Electronics: Electric powertrains and automotive power electronics.
• Energy Storage: Battery technologies and electric vehicle (EV) charging systems.
• Digital Architecture: Software-defined vehicles and industry-ready innovation.

According to data released by IIT Madras, the initiative expects to achieve several benchmarks within its first five years of operation:

• Product Innovation: Development of 40–50 automotive products.
• Enterprise Support: Provision of testing and validation infrastructure for 150–200 start-ups and MSMEs.
• Employment: Creation of 50–70 high-skill direct jobs and approximately 2,100 ecosystem-linked employment opportunities.

The collaboration follows a Memorandum of Understanding (MoU) signed between the State government and IIT Madras in January, aimed at positioning India as a hub for EV and automotive technology.

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Chinese technology company Hesai Technology has joined the Nvidia Halos AI Systems Inspection Lab, an accredited body for the inspection of AI-driven physical systems. As a member, Hesai will validate its lidar platforms within a framework covering functional safety, cybersecurity and AI compliance.

Nvidia Halos is a safety system for physical AI that unifies safety elements across vehicle and robotics architectures. The system combines hardware, software and models to safeguard autonomous vehicle (AV) and robotics stacks.

Hesai utilises a ‘Safety Triad’ engineering approach, which integrates:

• Functional Safety: Adherence to ISO 26262 standards.
• Safety of the Intended Functionality (SOTIF): Managing risks from functional inadequacies.
• Cybersecurity: Protecting system integrity across real-world environments.

The company claims that Hesai was the first LiDAR manufacturer to obtain ISO 26262 ASIL B certification and currently participates in global safety standard development alongside firms including Bosch, Nissan and ZF.

The collaboration between Hesai and Nvidia began in 2019 with the integration of LiDAR into Nvidia autonomous computing platforms. Hesai has delivered over 2 million LiDAR units globally to date.

The company was recently selected as a lidar partner for Nvidia DRIVE AGX Hyperion 10, a reference architecture designed to make vehicles Level 4-ready. This platform enables the development of AI-defined fleets for automakers and developers.

David Li, Co-Founder and CEO, Hesai Technology, said, “Autonomous systems will only achieve broad adoption if they meet the highest standards of safety and reliability. As autonomous vehicles and intelligent machines move toward large-scale deployment, safety becomes the defining requirement for the entire system.”

“Our work with Nvidia began several years ago with the integration of Hesai LiDAR on Nvidia autonomous computing platforms. Lidar is often the primary sensor responsible for detecting hazards in the most critical situations on the road. Joining the Nvidia Halos ecosystem allows us to further strengthen the safety architecture required to bring trusted autonomous technology into everyday use,” he said.

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Zenobe, a fleet electrification and battery storage specialist, has acquired California-based Revolv to expand its electric truck operations in the United States. The transaction marks Zenobe's entry into the North American commercial fleet and truck segment.

The acquisition adds to Zenobe's established portfolio in student transportation and public transit across the U.S. and Canada.

Key additions to Zenobe’s network include:

• Operational Sites: 13 customer sites located in California.
• Fleet Size: More than 100 electric trucks integrated into the service network.
• Project Pipeline: Additional commercial projects currently under development.

Zenobe intends to integrate the Revolv team to maintain continuity for existing customers and leverage regional expertise. The combined platform provides end-to-end solutions, including vehicle provision, charging infrastructure, financing and battery lifecycle management.

The expansion follows a period of growth in the U.S. Zero Emission Truck (ZET) market, where over 59,000 vehicles have been deployed nationwide. Zenobe’s strategy focuses on a battery-as-a-service (BaaS) model, which involves performance guarantees and the management of second-life battery applications to reduce risks for fleet operators.

The acquisition is supported by Zenobe’s major investors, KKR and Infracapital, as part of a broader effort to scale electrification in hard-to-decarbonise sectors.

Andreas Lips, President of EV North America, Zenobe, said, “Revolv's end-to-end fleet electrification model is highly complementary to Zenobe's global experience and our growth plans in North America. As commercial fleet electrification enters its next phase, operators are increasingly seeking partners who can deliver vehicles, infrastructure, financing and long-term battery performance under one roof. This acquisition strengthens our ability to provide flexible, end-to-end solutions at scale across North America.”

Steven Meersman, Founder Director, Zenobe, said, “This is a strong opportunity to accelerate electrification at scale, by pairing Revolv's fleet electrification platform with our deep experience and unique financing models. We're grateful to Revolv CEO Scott Davidson and the team at GDEV Management for backing Revolv early on. Now we are taking it to the next stage.”

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