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GFCL EV Raises $80 Million to Scale Battery Materials Manufacturing

The total funding raised has reached $130 million

March 30, 2026

/ Meghana Prasad
/ Energy Storage, Finance and M&A
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Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the $50 million previously secured from the International Finance Corporation (IFC).

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Meghana Prasad

More articles from Meghana Prasad.
Battery storageEVFundGujarat FluorochemicalsIFC
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