The Seed round was backed by Link Venture Capital and prominent industry angels to scale smart EV charging comparisons.
"We want to empower the everyday person to choose electric by making EV charging easier, cleaner, cheaper and more accessible. To date we’ve helped over 10,000 drivers to find their installer or energy supplier but we’re just scratching the surface. Around 10-15 million more drivers will go electric by 2030 in the UK alone and the new investment means we are ready to support all automotive retailers who are looking for a charging partner that can deliver industry-leading customer experience."
The Series A round was led by MMC Ventures with participation from Aster Capital and Vinfast.
"Mobility and Automotive in particular, is in the middle of a dramatic transformation and as part of this change needs to become a software-driven industry. Intelligent automotive software platform, embedded at the edge and connected to the cloud, will play a critical role in this transformation. For Eatron, this is a platform and data play – where we make a big difference with a unique synthesis of functional safety, machine learning, advanced controls, connectivity and cloud analytics for production grade customisable automotive software components. This helps OEMs and Tier-1s to develop connected intelligent software-defined electric vehicles faster, better, and hence enables them to stay ahead of their competition"
Ocado Group has backed autonomous mobility start-up Wayve with £10m to advance grocery delivery trials.
"Ocado is on a journey to develop highly intelligent autonomous mobility systems to further transform the operational economics, and proposition, of the Ocado Smart Platform for our OSP retail partners. We’ve been impressed with Wayve’s approach to solving this most complex of challenges and are excited to accelerate our capabilities so that our retail partners globally can take advantage of them at the earliest opportunity."
The funding supports the SANGREAL Project in collaboration with Advanced Electric Machines.
"The automotive industry is at a pivotal point. Great ideas will not move the dial on decarbonisation unless they are on the road and taking the place of more polluting technology. The future movement of people and goods needs to be efficient and green. There has been real progress in the decarbonisation of cars to meet the UK Government’s plans to phase-out sales of new petrol and diesel cars and vans from 2030. However, the pathways for Medium and Heavy duty and long-range transport are less clear."
— Jon Beasley, Business Development and Programmes Director
