India
The fresh capital will fund fulfillment expansion and investment in AI-led discovery tools.
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The funds will support expansion and entry into new markets.
Singapore
The investment will help the company expand its regional footprint.
The funding also saw participation from Japan’s Persol Venture Partners and existing investor Capria Ventures.
The company’s total funding to date stands at $7.5 million.
The raise comes less than twelve months after Aukera closed a $15m equity round.
The fresh capital will be utilised to expand market presence.
BatX plans to expand recycling and refining capacity and strengthen R&D.
Existing investors Cactus Venture Partners and India Alternatives also joined the round.
Amigos Venture Capital anchored the pre-seed round.