Graz-based Easelink bolts ahead with €8.3 million for its automated EV charging solution

While e-mobility is a growing trend it stands to reason that we also need pioneering tech to operate the electric vehicles (EV) that we are seeing more and more of. A crucial part of this is, of course, charging. 

Easelink has just raised €8.3 million for its pioneering ​​automated electric vehicle charging solutions.

This funding boost was led by  SET ventures with the participation of EnBW New Ventures, Smartworks, and existing investor Hermann Hauser.  

Anton Arts, Managing Partner at SET Ventures, said: “Automated charging is essential for a future of mobility that is electrified, autonomous and always connected. We support Easelink’s vision to fully integrate electric vehicles into a renewable energy system.”

Founded in 2015 the Graz-based startup is pioneering the automated EV charging market with its fully automated charging solution that eliminates the need to plug-in electric vehicles by hand. Its Matrix Charging system comprises an underbody vehicle unit and a charging pad installed on the parking space. The technology is compatible with most major electric vehicle platforms and will be rolled out in a retrofit version as well as a factory-mounted option for new cars. 

As one of the most cost-effective and energy-efficient solutions available, this opens up automated charging not only for premium vehicles but also in the volume segment.  

The new funds will be used to keep growing the product team, expand collaborations within the automotive and infrastructure industry and continue ambitions towards setting a global automated charging standard. 

Matrix Charging is already being operated with key partners in several pilot projects, such as the eTaxi Austria project targeting automated charging of taxi fleets in Vienna and Graz.  

The tech offering from Easelink is well placed to support the move to e-mobility as well as accelerate the transition. It makes electric vehicles on the whole more accessible and enticing to users. 

Andreas Straßer, Managing Director at Smartworks, said: “We believe that the electrification of urban traffic especially of urban fleets requires decentralized and barrier-free charging points in the public space. Wien Energie’s successful collaboration with Easelink in the eTaxi Austria project convinced us to support Easelink with an investment.”