Pleevi Secures Pre-seed Funding from Qbic Venture Partners
Deal News | Jan 30, 2025 | Qbic Venture Partners
Pleevi, a spin-off company from VITO, has received pre-seed funding from Qbic Venture Partners to advance its AI-driven EV charging technology. This technology, which aims to enhance greener and more cost-efficient charging sessions by integrating renewable energy sources like solar and battery storage, tackles key issues of energy use and grid stability. With operations running in Belgium, Germany, and France, and partnerships with major industry players, Pleevi plans to manage 25,000 charging points by 2027. Its innovative platform forecasts energy flows, taking into account weather conditions and energy consumption trends, thereby offering cheaper and eco-friendly charging options. The funding is set to scale the deployment of this technology across Europe, meeting the growing demand for sustainable EV infrastructure.
Sectors
- Renewable Energy
- Electric Vehicles
- AI Technology
- Venture Capital
Geography
- Belgium – Pleevi is based in Belgium and received funding from Qbic Venture Partners, a Belgian venture capital firm.
- Europe – Pleevi aims to scale its technology across Europe and currently operates in Belgium, Germany, and France.
Industry
- Renewable Energy – The article discusses the use of renewable energy sources, such as solar and wind, in optimizing EV charging infrastructure.
- Electric Vehicles – Pleevi's technology targets the electric vehicle sector by providing innovative, AI-driven charging solutions.
- AI Technology – Pleevi uses AI to forecast energy needs and optimize charging processes, highlighting the role of technology in energy management.
- Venture Capital – The article features Qbic Venture Partners providing pre-seed funding, indicating involvement in venture capital investment activities.
Financials
- 1 million – The pre-seed funding amount provided to Pleevi by Qbic Venture Partners for scaling its technologies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pleevi | Target Company | Company | A spin-off of VITO, focusing on AI-driven software for EV charging optimization. |
| VITO | Parent Organization of Pleevi | Company | A research organization and a partner in Energyville, contributing to the foundation of Pleevi. |
| Qbic Venture Partners | Investor | PE Firm | Provided pre-seed funding to Pleevi, supporting its EV charging technology advancements. |
| Energyville | Research/Development Partner | Company | Involved in energy research and a partner in the development of Pleevi's technologies. |
| Wout Lagae | Co-founder & CEO of Pleevi | Person | CEO responsible for driving the vision and strategy of Pleevi. |
| Robin Vanderschueren | Co-founder & CTO of Pleevi | Person | CTO leading the technical development and execution at Pleevi. |
| Marc Mommaerts | Managing Partner Angelwise and Chairman of the Board | Person | Chairman of Pleevi's board, involved in overseeing strategic decisions. |
| Loc Bar | Investing Business Angel | Person | An investor supporting Pleevi's mission and technology advancement. |
| Phoenix Contact | Commercial Partner | Company | Partner with Pleevi in deploying technology across various markets. |
| VMA (part of CFE Group) | Commercial Partner | Company | Collaborator with Pleevi for operational implementation and market expansion. |