Fleet-management software company BetterFleet, with US headquarters in Ann Arbor, Michigan, has completed a Series A funding round of $15 million. The round was led by venture firms Aligned Climate Capital, Ecosystem Integrity Fund (EIF) and Remarkable Ventures Climate (RVC). The funding will fuel BetterFleet’s expansion across Europe, Asia-Pacific and North America, which will focus… Read more »
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PULSETRAIN secures €6.1 million to develop integrated BMS, inverter and charging electronics
German startup PULSETRAIN has raised €6.1 million in seed financing to develop its powertrain technology. The financing round was led by Vsquared Ventures and Planet A and joined by Climate Club. PULSETRAIN said it will use the funds to accelerate its product development as the company prepares to industrialize and scale. PULSETRAIN takes a holistic… Read more »
ENC to include InductEV’s wireless charging system on its electric buses
California-based bus manufacturer ENC plans to begin offering wireless inductive charging hardware from InductEV on its electric buses. ENC will initially offer InductEV’s wireless charging system on its battery-electric Axess EVO-BE bus, which is offered in 32- 35- and 40-foot lengths, and features Proterra Powered battery packs with up to 738 kWh of energy storage,… Read more »
Electric buses are taking over Canada’s cities—but hydrogen refuses to die
Electric buses have now been around long enough for transit agencies to have a good handle on the fuel and maintenance savings they can expect, and pilots are giving way to volume orders. In a recent article from CleanTechnica, Michael Barnard takes us on a tour of Canada to look at some of the electric… Read more »
DG Matrix raises $20 million to commercialize its multi-port solid-state transformer solutions
DG Matrix provides solid-state transformer solutions for data centers and electrification projects such as microgrids and EV fleets. Now the company has secured $20 million in an oversubscribed seed funding round. Clean Energy Ventures led the round, and industry stalwarts including ABB, Cerberus Ventures, Chevron Technology Ventures and Piedmont Capital participated. The new funding brings… Read more »
Cathode active materials startup ACT-ion raises $7.5 million in funding round
Battery cathode active materials (CAM) startup ACT-ion Battery Technologies has raised $7.5 million in a pre-Series A funding round. The $7.5-million round was led by BASF Venture Capital and included participation from Hunt Energy Enterprises, Mirae Asset Capital, Arosa Capital Management and LG Technology Ventures. ACT-ion will use the proceeds to accelerate its CAM production… Read more »
Schneider Electric and Liminal partner on EV battery ultrasound-based inspection
France-based digital automation specialist Schneider Electric, has partnered with Liminal Insights to develop battery inspection services. The companies are developing a joint offering that integrates Liminal’s ultrasound-based metrology and analytics solutions with Schneider Electric’s automation and industrial intelligence ecosystem to deliver real-time inline quality inspection. The new integrated inspection system—which is compatible with all battery… Read more »
California Energy Commission to launch $55-million EV charging station funding round
The Fast Charge California Project, part of the California Electric Vehicle Infrastructure Project (CALeVIP), will open a new $55-million funding window in July 2025 to support the installation of DC fast charging stations at businesses and publicly accessible locations across the state. The new funds will cover up to 100% of the costs to deploy… Read more »
Cambridge GaN Devices raises $32 million to expand power semiconductor production
Cambridge GaN Devices (CGD), a spinout from Cambridge University in the UK, has secured $32 million in Series C financing to expand its operations in the UK, North America, Taiwan and Europe. The investment was led by an unnamed strategic investor and included participation from British Patient Capital as well as existing investors Parkwalk, BGF,… Read more »
Chargepoly provides electric truck charging infrastructure for a major logistics firm in Québec
Canadian logistics and parcel delivery firm Nationex worked with electrical system installer Fize Électrique and EV charging solution provider Chargepoly to build charging infrastructure for a fleet of heavy-duty electric delivery vehicles. Nationex operates what it describes as one of the largest electric fleets in Québec —the company recently celebrated the milestone of one million… Read more »
