Naxatra Labs secures $3 million funding to boost R&D and production of EV motors
The Indian startup plans to use the net proceeds from the latest fundraising to expand its research, develop new products and scale manufacturing
Naxatra Labs, a deeptech company focused on high-efficiency electric motors, has secured $3 million in a Pre-Series-A funding round led by Rainmatter, Autocar Professional reported Dec. 23.
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