Wevo Energy

EV Charging Software Solution

Energy Tech
Acquired by SolarEdge Technologies on Apr, 2024
Acquired Ein Vered Founded 2022
Total raised
Last: Undisclosed 2023-06
Stage
Acquired
Founded
2022
Headcount
28
HQ
Ein Vered
Sector
Energy Tech

About

Wevo Energy is developing a software platform designed to optimize EV charging. The company’s cloud-based platform enables charge-point operators and facility owners to easily and effectively manage EV charging at apartment complexes, workplaces, commercial properties, and charging destinations.

Wevo’s load-management technology maximizes existing building infrastructure by intelligently allocating power where and when it’s needed most, allowing sites to install more charging stations without expensive infrastructure upgrades. The company’s smart algorithms learn drivers’ behaviors and create an optimal charging schedule, charging when rates are lowest and ensuring that each vehicle is fully charged by the time it is needed.

Funding history · 1 round · — total

2023-06
Undisclosed Undisclosed

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Automotive & Mobility TechnologiesElectric Mobility & Alternative FuelsClimate TechEco-Efficient Transportation & LogisticsEco-Efficient Electric Vehicle Infrastructure & PlatformsEnergy TechEnergy Management & Grid Integration
Technologies
Platforms & InterfacesMobileArtificial Intelligence
Target customers
ConsumersTransportation & MobilityDriversCar OwnersReal Estate & ConstructionManagementResidentialCommercialGovernment & CityMunicipalities
Business model
B2B2C

Highlights

Verified

Tags

mobile-applicationsenergytechcharging-stationsclimate-techsmart-mobilityelectric-vehicles