VELOCE ENERGY
VE is innovating technology and financing models to reduce physical and financial barriers to EV Charging infrastructure deployment.
Business Model:
Revenue: $0
Employees: 1-10
Detailed VELOCE ENERGY Information
Geographic Data
Address:
City: Los Angeles
State: California
Zip:
Country: United States
Financial Info
Stage:
seed
Raised Last:
$2M
Raised Total:$3M
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Description
The Veloce FastGRid (TM) rejuvenates the grid edge using modular, flexible, extensible energy storage and interconnecting systems. Our Argos software platform surrounds the systems, providing a single pane of glass interface, secure transactions, and intelligence. Our systems solve the problem of connecting new large loads at the grid edge. We reduce costs and time for EV charging station development and deployment by &g;50%, enable distributed storage to be deployed everywhere, and enable new financing structures such as charging as a service. Because systems are removable, finance terms can be variable, accommodating customer needs. We focus on three core markets: - EV charging - C&a;I and solar storage - Non-Wires Alternatives for utility distribution circuit upgrades to meet load growth and resilience We go to market through channels, except in the utility space where we have direct relationships. Our VPort battery energy storage system platform is commercially available now. The FastConnect overhead power and communication services distribution platform will be available late Q1/22.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2021 | Seed Round | $1.1M | 4/2022 | Seed Round | 1 | $3.5M |
Ecliptic Capital Ecliptic Capital |
6/2021 | Seed Round | $1.9M |
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| Announced Date | Name | Price |
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