Veloce Energy Closes Initial Round of Series A Funding

Veloce Energy

Veloce Energy, a Denver, CO-based eMobility and Grid Edge Technology solutions provider, closed its initial round of Series A funding.

Backers included ITOCHU, and Ecliptic Capital.

The company intends to use the funds to expand its technology and build out its product roadmap.

Led by Jeff Wolfe, CEO, Veloce Energy is the creator of the FastGrid hardware and software infrastructure platform which reduces the time and cost to deploy and operate EV charging stations and commercial and solar storage. Based in California and Colorado, the company simplifies grid connection, design, installation, expansion, and operation of grid edge systems. The FastGrid includes fire-safe, modular, and compact bi-directional energy storage systems, modular installation systems, and integration and operation software.

Veloce’s interoperable charging station infrastructure utilizes open standards and enables EV station operators, fleets, site hosts, and utilities to dynamically manage EV charging and other loads, enhancing existing grid resources.

FinSMEs

07/04/2023