FLEXeCHARGE secures millions in funding
The goal is to provide “charge point intelligence for Charge Point Operators,” says Robert Brehm, Chief Technology Officer of FLEXaCHARGE. To do so, the company plans to extend its hardware interfaces “to allow for richer system integration options.” It will especially focus on the integration of stationary batteries, Brehm explains, as FLEXeCHARGE considers it “a crucial component of charging infrastructures for buffering peak loads at grid connection points.”
The startup offers an open load and energy management platform that sits between and integrates with both EV charging hardware and charge point management systems. Using analytics, it can predict demand and flexibility. It is also compatible with AC and DC charging infrastructure.
“We see ourselves as the conductors of the e-mobility transition, addressing the critical challenge of energy grid capacity in an era of increasing renewable energy and EV market share,” says Max Brandt, CEO of FLEXeCHARGE. “We’re helping solve the problem of energy grid capacity as the amount of renewable energy and EV market share increase, which is the biggest challenge in e-mobility today.”
The company did not disclose the exact amount received in the funding round. Investors include venture capital firms Greencode Ventures, Link Capital and Vireo Ventures.
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