Simactricals, a pioneering startup in wireless electric vehicle (EV) charging, recently announced that it is securing INR 75 lakh in funding. Spearheaded by Founder and Director Mihir Mishra, the company obtained this funding through the SanchiConnect pre-seed cohort initiative at the Startup Incubation and Innovation Centre, IIT Kanpur. Additionally, Simactricals secured 44 lakh in government funding, underlining its strong support from various avenues.
At the core of Simactricals’ endeavours lies its flagship product—an advanced wireless charging system tailored for various electric vehicles, spanning drones, rovers, and two-, three-, and four-wheelers. Speaking on the milestone achievement, Mihir Mishra expressed his passion for innovation and commitment to simplifying the EV charging experience. He emphasized the company’s dedication to pushing the boundaries of convenience and efficiency within the EV industry.
Currently, Simactricals is actively engaged in five Proof of Concepts (POCs) with leading two—and three-wheeler manufacturers to showcase the efficacy of its wireless charging network. This initiative reflects the company’s proactive approach to fostering collaborations and driving innovation in sustainable technology.
Sunil Shekhawat, CEO at SanchiConnect, lauded Simactricals’ efforts, highlighting the alignment of its wireless EV charging system with the mission to promote environmental responsibility and effect positive change.
Simactricals’ endeavours extend beyond wireless EV charging, encompassing cutting-edge technology in uncrewed aerial vehicles (UAVs) and high-voltage product creation. With a firm commitment to innovation and sustainability, Simactricals continues to shape the future of electric mobility.