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    Home»Startups»Pleevi raises €1 million for AI-powered Electric Vehicle charging across Europe
    Startups

    Pleevi raises €1 million for AI-powered Electric Vehicle charging across Europe

    Editor Times FeaturedBy Editor Times FeaturedJanuary 31, 2025No Comments3 Mins Read
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    Brussels-based startup Pleevi has raised €1 million to develop its AI-driven sensible EV charging expertise throughout Europe in its ambition to handle 25k charging factors by 2027.

    The funding spherical noticed contributions from Angelwise, Seeder Fund, Noshaq Vitality, QBIC III Fund, and Angel investor Loïc Bar.

    “The distinctive side of Pleevi is that our complete charging course of will not be solely primarily based on real-time data but additionally incorporates what the subsequent hours will convey,” explains Wout Lagae, Co-founder and CEO of Pleevi. “By forecasting power flows 24 hours forward, Pleevi’s AI-driven optimisation ensures environment friendly power utilization with out overloading the grid. As an example, on a sunny morning, we will account for ample photo voltaic power anticipated later within the day, in addition to wind power forecasts. Our algorithm additionally components within the power wants of the primary constructing on a given day. This helps decide how a lot power might be out there for charging infrastructure. On a Friday, when many staff work at home, the capability will differ considerably from a busy Tuesday when excessive power demand is required each within the parking space and the constructing. This enables us to supply not solely cheaper but additionally greener charging classes.”

    Based in 2024 as spin-off of VITO (accomplice in Energyville) by Wout Lagae and Robin Vanderschueren, Pleevi has developed software program that integrates a number of power sources, together with solar energy and stationary batteries, to create an clever, demand-based charging system.

    In contrast to conventional EV chargers that focus solely on rapid value and power financial savings, Pleevi’s system takes a broader strategy, prioritising driver comfort, grid stability, and long-term sustainability. Its AI engine forecasts power flows as much as 24 hours forward, contemplating components reminiscent of climate predictions, constructing power consumption, and fluctuations in inexperienced power availability.

    Pleevi’s expertise is already operational in Belgium, Germany, and France via partnerships with notable business gamers reminiscent of Phoenix Contact and VMA (a part of the CFE Group), demonstrating its scalability in several markets.

    Marc Mommaerts, Managing Associate of Angelwise and Chairman of the board, said: “Pleevi’s sensible EV charging tackles a essential power problem. It optimizes renewable power use, strengthens grid stability, and prevents overloads. With top-notch expertise Pleevi delivers sturdy ROI whereas fixing a transparent societal and power downside..”

    Loïc Bar, additionally expressed his enthusiasm: “Because the power transition accelerates and the world embraces fast electrification—pushed largely by electrical automobiles—flexibility in our energy programs is turning into important. Pleevi positions itself as a vital enabler by offering cutting-edge APIs that empower charging level operators to deploy modern options sooner and extra successfully. Their expertise is a key driver of the smarter, extra sustainable infrastructure we’d like for the long run. I’m glad to be a part of the story and sit up for it.”

    Pleevi’s AI-driven system reportedly lowers the price of EV charging and reduces reliance on fossil-fuel-based electrical energy. By contemplating components reminiscent of departure instances, native photo voltaic power manufacturing, constructing hundreds, connection constraints, and dynamic power costs, the corporate gives an optimised charging answer tailor-made to every web site’s wants.





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