VFlowTech, a Singapore-based leader in long-duration energy storage solutions, has announced the successful closure of a USD $20.5 million funding round. The investment was led by prominent venture capital firm Granite Asia, with participation from new investors including EDBI, MOL PLUS, and PSA Ventures, alongside existing backers such as Antares Ventures, İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First.
This latest round of funding will empower VFlowTech to:
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Scale the manufacturing and deployment of its proprietary vanadium redox flow batteries (VRFBs)
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Enhance its AI-driven cloud energy management platform, unlocking operational efficiency and new revenue streams
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Advance critical supply chains, including vanadium recycling, electrolyte development, and membrane innovation
As Singapore continues to position itself as a global hub for smart energy and sustainability, VFlowTech is poised to contribute meaningfully with its AI-powered platform, enabling customers to optimise energy usage, participate in energy trading, and maximise returns on storage investments.
Dr Avishek Kumar, founder and CEO of VFlowTech, stated:
“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.”
Co-founder Dr Arjun Bhattarai added:
“We are thrilled to welcome such a strong group of financial and strategic partners on this journey. 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.”
Kheng Nam Lee, Venture Partner at Granite Asia, highlighted the technology’s wider impact:
“Long-duration energy storage is critical in supporting 100 percent renewable energy, the build-out of EV infrastructure, and meeting new energy demand from accelerated AI adoption. We believe that VFlowTech is well positioned to capture this market in Asia and beyond.”
Michael Gryseels, founder and managing partner at Antares Ventures, commented:
“Antares Ventures has proudly supported VFlowTech from its inception. The company has grown from a university research project into a leading innovator in long-duration energy storage, driven by scientific excellence and strong commercial execution. VFlowTech addresses Asia’s urgent need for clean, affordable energy and grid resilience.”
Takuya Sakamoto, CEO of MOL PLUS, also noted the commercial potential:
“We see two key strengths in VFlowTech: the scalability of its technology for large-scale facilities such as port terminals, and its strategic focus on Southeast Asia and India—regions that align with MOL’s business priorities.”
With this strategic funding round, VFlowTech plans to accelerate its market expansion across Asia, the Middle East, and other global regions, grow its commercial capabilities, and increase its impact across sectors such as utilities, grid-scale storage, renewable energy integration, and industrial decarbonisation.
For more information visit www.vflowtech.com
