Robotic fast charging for heavy-duty vehicles, ROCSYS raises over €5M
The Dutch company ROCSYS has recently opened a cooperation with Grivix and VDL ETS addressed at the development of robotic fast charging for heavy-duty vehicles, being them e-buses or e-trucks.
The Dutch company ROCSYS has recently opened a cooperation with Grivix and VDL ETS addressed at the development of robotic fast charging for heavy-duty vehicles, being them e-buses or e-trucks. Recently, ROCSYS has raised 6.3 million dollars (5.25 million euros): the money will be used to scale up activities throughout Europe and launch a North-American business unit.
ROCSYS raises over 5 million euros for robotic EV charging
The entire investment is done by ROCSYS’ exisiting investors: Forward.One and Superangel. To date, ROCSYS says it has raised a total of $9 million (€7.5 million) since its founding in 2019, which includes additional funding by UNIIQ and grants.
ROCSYS mission is to support large vehicle OEMs in their electrification efforts. As the automotive world steadily moves towards self-parking and self-driving, automation of charging becomes inevitable for the globally installed base of EV chargers.
The system developed by ROCSYS leverages on patented soft-robotics technology and AI-based computer vision. Its products, the Dutch company says, «can automate existing fast chargers up to 350kW and MW-capable chargers in the near future, allowing electric vehicles of all types to be charged automatically within minutes. Together with a suite of site-automation services, remote support, and API integration, operators can move to truly unmanned charging operations. This unlocks unprecedented functionality, performance, and ROI of their charging- and EV assets, while simultaneously getting prepared for the era of self-parking and self-driving».
«We are ready for the future, and are very well positioned»
«The coming period will be pivotal for our business. We will move from technology development and commercial pilots to serial deployment. We are ready for the future, and are very well positioned to engage the full market potential», said Crijn Bouman, CEO of ROCSYS. «Automation brings EV charging to the next level of reliability and performance. This is crucial to the success of EVs in large professional operations, for example operations depending on fleets. With the investment and support of our great investors, we will make that happen».
«We have been supporting ROCSYS from the start with full confidence in its team, who have earned their credits in the EV and robotics space. They are working with the major players in the market, and are leading the development of the robotic charging ecosystem. They are really in the driver’s seat everywhere, including the international standardization committees about robotic charging», said Veljo Otsasson, partner at Superangel.