IIT Madras’s Wankel Energy Systems has received $1 million in pre-seed funding from a private investor. The funding will primarily support the company’s expansion into international markets and further development of its proprietary technology – a system designed to mitigate pressure loss in pressure-reducing valves commonly found in industrial and automotive applications. The startup’s focus is on enhancing efficiency and reducing waste through innovative valve design. The funding will allow Wankel Energy Systems to build a stronger team and explore strategic partnerships to broaden its global reach and product offerings.
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IIT Madras-Backed Startup Secures Funding for Pressure Valve Technology
