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Design

Altigreen Propulsion Labs: Funding, Investors & Team (Sep 2026)

Altigreen Propulsion Labs (APL) is creating intellectual property in aftermarket products for automotive systems using green and eco-friendly technologies. APL provides a unique value proposition in the high growth hybrid/electric vehicle sector of India, Asia and other emerging economies, with a multi-billion dollar business opportunity. It has already designed IP for 4-wheel passenger and commercial vehicles and has a strong product / technology foundation. It has a split R&D center in USA & India, with manufacturing and product distribution partners across India.

www.altigreen.com LinkedIn Bengaluru, India 51-100 employees
Automotive Autonomous Vehicles Electric Vehicle GreenTech Product Design
Total raised
$39.7M
Rounds
1
Latest
Series A
Feb 2022

Altigreen Propulsion Labs has raised $39.7M across 1 funding round on record, the most recent a Series A of $39.7M announced in Feb 2022.

That round is above the $3.8M median round size for Design companies tracked on FundedIQ over the last two years.

Altigreen Propulsion Labs Company Profile and Key Stats

Total funding raised
$39.7M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$39.7M in Feb 2022
Employees
51-100
reported band
Headquarters
Bengaluru, India

Latest funding round on record: Feb 2022.

Altigreen Propulsion Labs Funding Rounds

Date
Round
Amount
Series A
$39.7M

Altigreen Propulsion Labs Founders and Leadership Team

Name
Role
Contact
Amitabh Saran
CEO

No contact details are on record for this team yet.

Altigreen Propulsion Labs Funding Compared to Other Design Startups

Segment
Companies
Median round
327
$3.8M
3,233
$3.0M
8,378
$15M

Altigreen Propulsion Labs' latest round of $39.7M is above the median round in Design. Medians cover the last 24 months of disclosed rounds.

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Altigreen Propulsion Labs Funding FAQs

What does Altigreen Propulsion Labs do?

Altigreen Propulsion Labs (APL) is creating intellectual property in aftermarket products for automotive systems using green and eco-friendly technologies. APL provides a unique value proposition in the high growth hybrid/electric vehicle sector of India, Asia and other emerging economies, with a multi-billion dollar business opportunity. It has already designed IP for 4-wheel passenger and commercial vehicles and has a strong product / technology foundation. It has a split R&D center in USA & India, with manufacturing and product distribution partners across India.

How much funding has Altigreen Propulsion Labs raised?

Altigreen Propulsion Labs has raised $39.7M across 1 round on record. The most recent is a Series A of $39.7M announced in Feb 2022.

When did Altigreen Propulsion Labs last raise funding?

Altigreen Propulsion Labs' most recent funding round on record is a Series A of $39.7M, announced in Feb 2022.

Who is the CEO of Altigreen Propulsion Labs?

Amitabh Saran is listed as CEO at Altigreen Propulsion Labs.

Where is Altigreen Propulsion Labs headquartered?

Altigreen Propulsion Labs is based in Bengaluru, Karnataka, India.

How many employees does Altigreen Propulsion Labs have?

Altigreen Propulsion Labs is in the 51-100 employee band.

How does Altigreen Propulsion Labs' funding compare to other Design startups?

Altigreen Propulsion Labs' latest round of $39.7M is above the $3.8M median round size for Design companies on FundedIQ across 327 tracked companies over the last two years.

About FundedIQ's Altigreen Propulsion Labs Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Altigreen Propulsion Labs is left off this page rather than filled in.

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