VFlowTech raises US$20.5 mil to scale long-duration energy storage and enhance AI-driven energy management

• Funds will support expansion across Asia, the Middle East & other global markets
• Round led by Granite Asia, with new investors Antares Ventures, MOL Plus & PSA Ventures

VFlowTech, a Singapore-based leader in long-duration energy storage solutions, has raised USD 20.5 million (RM96 million) in its latest funding round.

The investment was led by prominent venture capital firm Granite Asia, joined by new investors Antares Ventures, EDBI, MOL Plus, and PSA Ventures, alongside existing backers İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First.

According to VFlowTech, the funding will enable it to scale the manufacturing and deployment of its proprietary vanadium redox flow batteries, enhance its AI-driven cloud energy management platform to optimise efficiency and unlock new revenue streams, and develop critical supply chains, including vanadium recycling, electrolyte innovation, and membrane advancements.

With Singapore positioning itself as a global hub for sustainability and smart energy solutions, VFlowTech’s AI-powered platform will introduce advanced smart grid functionalities, enabling customers to optimise energy use, participate in energy trading, and enhance the ROI of energy storage systems.

Dr Avishek Kumar (pic), founder and CEO of VFlowTech, said: “As industries and governments prioritise sustainability, VFlowTech is at the forefront of providing advanced storage solutions that optimise energy usage and reduce environmental impact. With this investment, we are poised for significant growth and technological advancement.”

“We welcome such a strong group of financial and strategic partners on this journey,” said Dr. Arjun Bhattarai, co-founder of VFlowTech. “This funding gives us the ability to take on larger projects, expand into new markets, and integrate cutting-edge digital intelligence into our energy storage solutions—making them not just storage systems, but revenue-generating assets.”

“Long-duration energy storage is critical in supporting 100% renewable energy, the build-out of EV infrastructure, and the new energy demands required by accelerated AI adoption. We believe VFlowTech and vanadium flow battery technology are well-positioned to capture this market in Asia and beyond. We’re excited to collaborate with the team to realise a more sustainable future for all,” said Kheng Nam Lee, venture partner of Granite Asia.

Meanwhile, Michael Gryseels, founder and managing partner at Antares Ventures, said, “Antares Ventures has supported VFlowTech from its inception, recognising early the transformative potential of its battery technology. Over six years, the company has grown from a university research project into a leading innovator in long-duration energy storage, driven by exceptional scientific talent and strong commercial execution.”

“VFlowTech’s solutions uniquely address Asia’s urgent need for affordable, clean energy and improved grid stability, directly enhancing energy security in the region. We look forward to continuing our support alongside visionary investors and strategic partners committed to securing Asia’s energy future,” he added.

“We found two attractions in VFlowTech. The first is that their technology has the potential to be deployed in larger-scale facilities, such as port terminals. The second is that their focus regions are Southeast Asia and India, which are also MOL’s focus. We will continue our contribution in business collaboration,” said Takuya Sakamoto, CEO of MOL Plus.

With this investment, VFlowTech will accelerate its expansion across Asia, the Middle East, and other global markets, grow its commercial team, and deepen its presence in key sectors such as utilities and grid-scale storage, renewable integration, and industrial decarbonisation.