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Energy Tech Series A Founded 2021

Bacancy Systems

Bacancy Systems provides embedded engineering and manufacturing solutions for IoT, healthcare, e-mobility, and railway industries. The company designs and manufactures EV charging controllers (AC and DC), power modules, battery management systems, and railway electronics including Train Control Monitoring Systems (TCMS), traction control, HMI displays, event recorders, and remote monitoring solutions built to EN…

📍 Ahmedabad, India · Electric Vehicles,

Funding snapshot

Last roundSeries A
Amount$4M
Date30 March 2026
Total raised$4M
Team size78

About

Bacancy Systems provides embedded engineering and manufacturing solutions for IoT, healthcare, e-mobility, and railway industries. The company designs and manufactures EV charging controllers (AC and DC), power modules, battery management systems, and railway electronics including Train Control Monitoring Systems (TCMS), traction control, HMI displays, event recorders, and remote monitoring solutions built to EN 50155 standards. Its distributed charging system architecture centralizes power conversion and dynamically shares it across multiple dispensers for higher utilization and lower cost per charge point. Bacancy was among the first in India to manufacture Bharat AC controllers and built India's first CCS2 controller, with nine AC controller variants and a full DC charging stack. The company also offers embedded hardware design, FPGA engineering, wireless design, and IoT product development services with in-house manufacturing facilities. Founded in 2021 and headquartered in Ahmedabad, India, Bacancy Systems has raised approximately $4.2M in Series A funding from investors including Sabre Partners and Greenstone Capital.

Business model

Electric Vehicles > Vehicle Management > B2B > Battery Management Systems,

Energy Storage Tech > Battery > Battery Management System > Electric Vehicles

Institutional investors

Sabre Partners Greenstone Capital

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