June 21, 2025
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VFlowTech Secures $20.5 Million in Funding Led by Granite Asia to Accelerate Energy Storage Innovation

Singapore-based energy storage startup VFlowTech has announced a significant milestone in its journey towards revolutionizing the energy sector.

The company has successfully secured $20.5 million in funding, with Granite Asia leading the investment round. This strategic partnership aims to bolster VFlowTech’s efforts in advancing its vanadium redox flow battery (VRFB) technology and expanding its global footprint.

Granite Asia, formerly known as GGV Capital Asia, is a prominent multi-asset investment platform headquartered in Singapore. With a strong presence across Southeast Asia, Japan, China, India, and Australia, Granite Asia focuses on fueling purposeful growth in the region. The firm’s leadership, including investment veterans Jenny Lee and Jixun Foo, brings a wealth of experience and a combined portfolio exceeding $5 billion. Their commitment to supporting innovative ventures aligns seamlessly with VFlowTech’s mission to drive sustainable energy solutions.

Founded in 2018, VFlowTech specializes in developing modular VRFB systems, known as PowerCubes, designed for scalable and long-duration energy storage. These systems offer several advantages over traditional lithium-ion batteries, including enhanced safety features, extended operational lifespans, and consistent performance without significant capacity degradation. VFlowTech’s technology is particularly well-suited for applications in grid energy storage, electric vehicle charging infrastructure, and industrial power management systems.

The $20.5 million funding will be instrumental in advancing VFlowTech’s strategic objectives:

  • Expansion of Manufacturing Capabilities: The company plans to scale up its production capacity to meet the growing demand for sustainable energy storage solutions.

  • Research and Development Initiatives: Investing in R&D to enhance the performance and efficiency of its VRFB technology, ensuring it remains at the forefront of the industry.

  • Global Market Penetration: Strengthening its presence in key markets, including India, Japan, and the United States, to capitalize on emerging opportunities in the energy sector.

VFlowTech’s innovative approach to energy storage addresses critical challenges associated with conventional technologies. By providing a safer, more durable, and environmentally friendly alternative, the company is contributing to the global transition towards sustainable energy systems. The partnership with Granite Asia not only provides the necessary capital but also strategic guidance to navigate the complexities of the energy sector.

The collaboration between VFlowTech and Granite Asia marks a significant step forward in the pursuit of sustainable energy solutions. With the infusion of $20.5 million in funding, VFlowTech is poised to enhance its technological capabilities, expand its market reach, and play a pivotal role in shaping the future of energy storage. This partnership underscores the importance of innovation and strategic alliances in addressing the pressing energy challenges of our time