Exponent Energy Recognized in World Economic Forum’s Technology Pioneers List
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The World Economic Forum has named Exponent Energy as one of its 2025 Technology Pioneers, highlighting 100 innovative early-stage companies from 28 countries that are making significant advancements across various industries. Among these, ten startups from India have also been honored, with Exponent Energy standing out in the field of electric vehicle (EV) technology.
Founded in 2020 by Arun Vinayak and Sanjay Byalal, Exponent Energy has developed a rapid charging system capable of charging EV batteries from 0 to 100% in just 15 minutes. This innovative system also boasts a warranty of 3,000 charging cycles and operates with standard lithium-ion cells. The Bengaluru-based startup has successfully raised $44.6 million through Pre-series A, Series A, and Series B funding rounds. Notable investors include Lightspeed Venture Partners, Eight Roads Ventures, YourNest VC, 3one4 Capital, AdvantEdge VC, and the family office of Dr. Pawan Munjal, Chairman and CEO of Hero MotoCorp.
Currently, over 2,000 electric vehicles utilize Exponent Energy’s technology across major Indian cities such as Bengaluru, Delhi NCR, Chennai, Ahmedabad, Kolkata, and Hyderabad.
The other Indian startups included in the 2025 Technology Pioneers list are:
– **Agnikul** – Space launch services
– **CynLr** – Factory automation robots
– **Dezy** – AI-powered dental diagnostics
– **Digantara** – Space surveillance and operations support
– **Equal** – Identity verification and financial data sharing
– **Freight Tiger** – Software-enabled freight network
– **GalaxEye** – Multi-sensor Earth observation systems
– **SolarSquare** – Residential solar panel systems
– **The ePlane Co.** – Electric air taxis for urban transportation
The Technology Pioneers initiative, launched by the World Economic Forum in 2000, aims to identify early-stage companies with transformative technologies. With over 1,200 alumni to date, selected companies engage in a two-year program that includes participation in global meetings, such as the Annual Meeting of the New Champions held from June 24-26 in Tianjin, China.
Exponent Energy continues to focus on creating a robust ecosystem for ultra-fast charging solutions tailored for commercial electric vehicles.
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