The latest round marks 360 ONE Asset’s first investment in the EV sector and Hitachi Ventures’ first investment in India’s energy sector. Existing investor TDK Ventures also increased its stake through a follow-on investment. The funding round saw participation from all existing investors, including Eight Roads Ventures, Lightspeed, 3one4 Capital and AdvantEdge VC. YourNest, Exponent’s first institutional investor, invested an additional $4 million through its Continuum Fund.
