Grid.vc made a seed investment to fuel development of EV fast charging

Currently available EV charging stations are inflexible in their power delivery to vehicles. A charging unit reserves the maximum power it can deliver and if a vehicle cannot receive the full power the extra power cannot be delivered to any other vehicle. This leads to inefficient use of power investment as well as significantly dropped customer satisfaction as drivers waiting to get to the charging point cannot get any service, even though there would be
enough power, but no charging station available.

Unified Chargers has developed and patented a flexible modular method to flexibly distribute the available power to a number of fast charging stations according to the individual vehicle capability to receive charging power. The solution contains the charging stations and their control system and logic as well as payment solution for the charging operators.

The technology  has been developed over several years of research. Grid.vc lead the investment round to finance market entry and business development of the company,

 

01.07.2020
Grid.vc is the main organizer of the innovation competition at Energia 2020. Energia 2020 is the largest energy event in Finland featuring the entire industry and all forms of energy. In addition to prize money to the winner, all finalists will have an opportunity to present their solutions for energy transition to the decision-makers of the industry, as well as discuss potential funding from the leading Finnish venture capital investors in the energy domain.
27.04.2020
Grid.vc I Ky was a lead investor in the company's seed financing round. The total funding raised by the company was EUR 800 thousand, which includes a business development loan from Business Finland. The target company is American-based Ai4 Technologies, Inc, whose Finnish founders intend to respond to California wildfires with artificial intelligence.
19.02.2020
An EV fast charging station utilizing innovative new technology by the Finnish start-up company Unified Charges Oy has been installed to Juustoportti Oy by Leppäkosken Energia. During the spring the charging station will be tested and charging will be offered free by Leppäkoski.
04.12.2019
Helsinki, Finland based Safegrid, the creator of the Safegrid Intelligent Grid System, has raised a seed funding round from Grid.vc, the first investor in superb teams disrupting energy business. The funding is supplemented by a development grant from Business Finland