Munich-based industrial tech startup PULSETRAIN, which enhances EV battery life and efficiency with smart software, has raised €6.1 million in seed funding. The round is led by Vsquared Ventures and Planet A Ventures, with support from Climate Club.
- Founded in 2022 by Leopold König, Thomas Plaschko, and Niclas Lehnert, PULSETRAIN focuses on improving battery management and inverter technology for electric vehicles (EVs).
- Their solution increases battery life by up to 80%, allowing EV batteries to last 18 years instead of 10, while reducing charging time through smart software and pulse charging. The technology actively manages thermal risks, enables fast and efficient charging, and supports a wide range of battery types and applications, from two-wheelers to off-road vehicles.
- PULSETRAIN's AI-powered solutions simplify battery management with over-the-air updates for continuous performance improvements. The system also reduces the size and weight of components, enhancing vehicle efficiency and range, while prioritizing safety with secure battery management.
Details of the deal
- The investment was led by Munich-based VC Vsquared Ventures which supports early-stage deep tech companies and Berlin-based venture capital firm Planet A Ventures which invests in founders tackling the world's largest environmental problems, with participation from Climate Club.
"Their adaptable, future-proof solution integrates with all known battery chemistries and architectures, providing a flexible, efficient, and sustainable path forward. A game-changer for EVs, a turning point for resource management, and a systemic shift for mobility. Congratulations Niclas, Leopold, Thomas, and the entire team," Planet A Ventures' team, stated on LinkedIn.
- The startup will use the new funding to speed up product development, scale its technology, and focus on electrifying two-wheelers and commercial vehicles.
- Additionally, the funds will support the improvement of their AI-powered platform for fleet management, smart charging, and power grid integration.
