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Wankel Energy Systems develops equipment that recovers energy from steam and waste heat.
Founded in 2022 in Chennai, India, Wankel Energy Systems develops equipment to recover energy from steam and waste heat for industrial users. Its Green Genie product is designed to reduce energy costs. The company was founded by Balachandran Raju, Gautam Subburaj, Satyanarayanan Seshadri and Vipin V Gopal. In September 2025, it raised USD 1 million in pre-seed funding led by Shastra VC to support global expansion and deployment of more than 1,000 Phoenix Expander devices over the next decade.
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