Dashamlabs has secured $1.4 million in funding from Speciale Invest and IIMA Ventures to advance its innovative silica aerogel insulation technology, positioning the company to capitalize on the growing market for energy-efficient materials in India's industrial sector.
Information on the Target
Dashamlabs, a Delhi-based startup, specializes in the development of advanced thermal insulation materials, specifically silica aerogels. These innovative materials can significantly improve energy efficiency due to their outstanding thermal conductivity properties, achieving levels as low as 0.016 W/mK. Aerogels are particularly relevant for industries that are crucial to decarbonization, including electric vehicle battery thermal management, oil and gas pipeline efficiency, aerospace components, and building envelopes. Despite their technical advantages, the adoption of aerogels has been limited by high manufacturing costs, primarily stemming from traditional production methods.
Dashamlabs aims to overcome these challenges by utilizing an ethanol-based supercritical drying process that enhances solvent recovery and reduces production cycle times. This innovation lowers both capital investment and cost-per-unit in manufacturing aerogels, making it feasible for broader market adoption. The company is also exploring ambient-pressure drying techniques that could further democratize access to this advanced technology.
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Industry Overview in India
The Indian manufacturing sector is poised to significantly contribute to the nation's GDP, targeting a goal of 25% by 2025. This ambition comes with substantial challenges, particularly in terms of emissions reduction and energy efficiency. The International Energ
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Speciale Invest
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Dashamlabs
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in a Seed Stage deal
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Transaction Size: $1M