IIT Madras’s Wankel Energy Systems has secured $1 million in pre-seed funding from an institutional investor. This funding represents a crucial step in the startup’s expansion strategy, which centers on developing and implementing a novel solution to mitigate energy loss within pressure-reducing valves. The technology focuses on enhancing the efficiency of these vital components, potentially reducing operational costs and environmental impact across various industrial applications. Wankel Energy Systems plans to leverage this investment to expand its global reach and further develop its prototype.
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