Dublin-based EV charging start-up Go Eve has raised €3.5 million in funding to scale production and get its DockChain system on sites over the summer. Involved in the funding round are The Pearl Family Office, Carter Gem, Automotive Ventures Inc, Kero Development Partners and Cur8 Capital.
The University College Dublin (UCD) and Imperial College London spin-out’s tech intends to ‘make high-power DC (DockChain) charging cost-competitive with lower-power AC charging options’ – it extends the reach of a single rapid DC charger to a daisy-chain of low-cost charging terminals. Its software runs scheduling for the charging chain as it ‘intelligently manages a virtual queue'.
“Go Eve offers a technology that can transform EV charging. For EVs to replace fossil-fuel cars, charging needs to be faster, lower cost, more widely available and most efficiently use available grid capacity. Our technology does all these things, which is why we see a future with rapid charging in every space," says Go Eve CEO Hugh Sheehy, who founded the start-up with John Goodbody, Professor Robert Shorten, Dr Pietro Ferraro and Andrew Cullen in 2021.
“We have reliable manufacturing partners who can rapidly scale cable and microchip production to meet our expected growth. We currently have capacity for hundreds of installations now – we’re prepared for thousands next year. We anticipate strong pickup for DockChain, particularly for fleet operators and in destination car parks," he added.