India, April 1 -- Blockchain-powered EV charging solutions startup DeCharge has raised $2.5 Mn (INR 21.4 Cr) in its seed funding round led by early stage crypto investment firm Lemniscap.

The round also saw participation from existing backers Colosseum, Daedalus Angels, EV3 Labs, Chainyoda Jedis, and Levitate Labs. Besides, it saw participation from angel investors such as memecoin BONK's creator Nom, Spherelabs' Arnold Lee, among others.

Founded in 2024 by Mohan Ponnada, Prakash Kamraj and Rama Krishna, DeCharge is a decentralised EV charging infrastructure platform built on Solana. Besides selling its flagship 7kW charger DeCharge Beast, it handles all aspects of operation, including authentication and payment processing via its inter...