Veloce Energy
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Veloce Energy

http://www.veloceenergy.com/
Last activity: 07.02.2023
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Categories: AutomationConstructionContent DistributionDesignEnergyTechEngineeringFinTechPhysicalStorageTime
The utility electric grid will be the cornerstone of the energy transition. To fulfill this role, the distribution grid must be upgraded and improved to allow fast and affordable connections. New and increased loads are being created by electric vehicle charging, building electrification, and distributed resources. Upgrading the North American utility distribution grid to meet these needs is a 500-billion dollar opportunity. EV charging, buildings, distributed generation, all need faster, more flexible, and less expensive ways to connect to the grid.
Veloce’s FastGrid™ system better utilizes the existing grid. We enable a reduction in engineering costs and the use of simple construction methods. We keep construction above-ground, reducing cost, time, and risk. FastGrid is future proof, because the future is evolving.
Our system allows smaller new and existing grid connections to power larger loads at lower costs. Our modular, flexible, scalable energy storage and modular above-ground bolt-together installation systems replace detailed engineering with catalog selection, and reduce the number of onsite trades. Our software platform integrates site operations and secure transactions under a single pane of glass interface.
The FastGrid works across multiple use cases. One example is for EV charging. We can cut the time and cost of charging station deployment by 50%. Instead of competing, we partner with third party EV charger manufacturers and station developers. Finally, because the FastGrid can be expanded, or removed and redeployed to another site, financing is easier.
Mentions
47
Location: United States, California, Los Angeles
Employees: 11-50
Total raised: $3M
Founded date: 2020

Investors 2

Funding Rounds 1

DateSeriesAmountInvestors
08.06.2022Seed$3M-

Mentions in press and media 47

DateTitleDescription
07.04.2023Veloce Energy Closes Initial Round of Series A FundingVeloce 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 technol...
01.12.2022Roth Capital Partners and Sustain SoCal to Host 5th Annual Sustainability Private Capital Virtual Event on December 7-8, 2022Event to Feature a Range of Leading Private Sustainability Companies from Solar/Storage, e-Mobility, Smart City, Circular Economy and Water verticals. /EIN News/ -- NEWPORT BEACH, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -...
04.05.2022Elevation Ventures Is Raising $50M for a Climate-Focused Tech Fund in SoCalInterest in electric cars is spiking as gas prices rise to their highest prices in years, but supply chain headaches and the lack of infrastructure such as charging stations are keeping the demand pent up. And, the longer-term effects on po...
14.03.2022Houston showcases 12 energy transition startups at annual CERAWeek conferenceCERAWeek by S&P Global wrapped up last week after five days of energy transition panels, leadership talks, emerging tech showcases, endless networking and so much more. While dozens of Houston energy innovators and investors bopped arou...
14.03.2022SXSW panel: What Houston needs to do to develop as an equitable tech ecosystemHouston has consistently been recognized as one of the most diverse cities in the country — but is that translating into equitable funding opportunities for diverse founders? A panel at SXSW this year discussed whether or not Houston's play...
29.11.2021Roth Capital Partners and Sustain SoCal to Host Sustainability Private Capital Virtual Event on December 2-3, 2021Event to Feature a Range of Leading Private Sustainability Companies from Agtech, Energy, Environmental, Mobility, Transportation, and Water Verticals. NEWPORT BEACH, Calif., Nov. 29, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Roth Capita...
29.11.2021Roth Capital Partners and Sustain SoCal to Host Sustainability Private Capital Virtual Event on December 2-3, 2021NEWPORT BEACH, Calif., Nov. 29, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Roth Capital Partners (Roth) and Sustain SoCal have teamed up once again to host the 4th Annual Sustainability Private Capital Event to be held virtually on Decemb...
07.07.2021Veloce Energy achieves UL Certification for VPort, category-defining battery energy storage systemVPort With the projected exponential growth in transport electrification, we are looking forward to reducing the costs of the infrastructure needs of our customers and partners across vehicle classes and charging configurations.” Jeff Wolfe...
30.06.2021Nominate now: InnovationMap announces inaugural Houston innovation awardsCalling all Houston innovators — now is your time to shine. InnovationMap and its partner, Houston-based Techwave, a global IT services and solutions provider, are pleased to present an inaugural set of awards honoring Houston's innovators ...
30.06.2021Local tech exec expands med device company into oil and gas in a 'uniquely Houston' wayWhen asked about founding his company, the first thing Dan Purvis wants to talk about is the culture. "The technology of today and the technology of 24 months from now will be very different," Purvis, CEO and founder of Houston-ba...
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