Smart Metering company Kimbal Technologies on Monday announced that it has secured $5 million in growth capital in its first-ever funding round to scale up existing operations and new product development.The funding round was led by investment .
"We are growing at a solid pace, and I am strategically focused on ensuring that our growth is not only steep but also steady and sturdy," Ayush Sinhal, CEO of Kimbal Technologies, said in a statement. Kimbal Technologies Raises ‘USD 5 Million’ Funds To Scale Up Existing Operations and New Product Development.
Kimbal Technologies Raises Funds To Scale Up Existing Operations menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Energy tech startup Kimbal Technologies will use the funds to expand its current operations and come up with new products, aiming to establish a modern power distribution system to the last mile, Kimbal Technologies said in a statement.
Smart metering firm Kimbal, e-mobility parts manufacturer Attron Automotive and fintech startup Authpay secured early-stage funding, the companies said on Monday.
Kimbal Technologies
Smart metering company ..