ROCSYS raises an additional $6.3 million for its robotic EV charging solutions

How will self-driving EVs charge themselves without human intervention? The Dutch firm ROCSYS believes its robotic charging system is the answer. The company recently raised $6.3 million from exisiting investors Forward.One and Superangel in a new funding round. ROCSYS will use the new funding to scale up its activities throughout Europe and to launch a North American business unit.

ROCSYS has raised a total of $9 million since its founding in 2019.

ROCSYS’s patented soft robotics technology and AI-based computer vision system are designed to enable safe and cost-efficient automation of conductive charging. Its products can automate existing fast chargers with power levels up to 350 kW, and will also support the upcoming MW-capable chargers for heavy-duty EVs. The company offers a suite of site automation services, remote support and API integration.

“The coming period will be pivotal for our business. We will move from technology development and commercial pilots to serial deployment,” said Crijn Bouman, CEO of ROCSYS. “Automation brings EV charging to the next level of reliability and performance. This is crucial to the success of EVs in large professional operations, for example operations depending on fleets.”

“We are truly impressed with the speed and professionalism of the ROCSYS team,” said Frederik Gerner, Partner at Forward.One. “Within record time, ROCSYS managed to bring very advanced technology to a marketable solution, while signing partnerships with several of the largest brands in the industry. The simplicity of their solution, using industry-standard vehicle connectors, makes it an obvious choice for major vehicle OEMs.”

Source: ROCSYS

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