Easelink receives million euro investment from Verbund

The energy group has announced that it has paid EUR 1.5 million to Easelink via its investment unit Verbund X Ventures. The investment is intended to enable the Graz-based start-up to make faster progress in expanding international customer relationships with car manufacturers and in the further development of global industry standards.

Easelink’s so-called Matrix Charging is at the centre of interest. With this system, the vehicle is parked with a retrofitted charging plate on the underbody above a charging pad mounted on the floor – as with inductive charging. However, the current is not transmitted wirelessly (with certain losses), but the connector mounted on the car is lowered onto the floor plate and thus establishes a conductive, conductive connection with significantly lower losses.

“Easelink’s automated charging solution offers the potential to significantly support electromobility and accelerate the transition to a sustainable energy system. With this investment, we are making an important contribution to decarbonization in Europe by further developing innovative, customer-oriented solutions in the field of electromobility,” said Michael Strugl, CEO of Verbund AG.

Franz Zöchbauer, Managing Director at Verbund X Ventures, adds that Easelink is pursuing a high level of ambition with a potentially disruptive technology – developed in Austria. “It is particularly important for us to work closely with Easelink to support the company in scaling and further developing its business models.”

According to Easelink, it is already working with several car manufacturers who want to integrate Matrix Charging technology into their future vehicle models. Charging specialists such as Keba are also among the partners. The company currently has around 40 employees in branches in Austria and China. “We are convinced that automated charging is the key to the widespread adoption of electromobility. With Matrix Charging, we offer an efficient and user-friendly solution that benefits both end users and the infrastructure,” emphasises Hermann Stockinger, CEO and founder of Easelink.

easelink.com, verbund.com (in German)