Why Greencode invested in FLEXeCHARGE

March 4, 2024 Greencode

Greencode & FLEXeCHARGE

We kicked off 2024 with investing in the innovative charge point intelligence solution FLEXeCHARGE. We are happy to accelerate their journey, aiming to be the leading provider of energy and load management for electric vehicle (EV) charging infrastructure.

FLEXeCHARGE has emerged as one of Europe's frontrunners in providing load and energy management solutions for EV charging infrastructure. The company enables its customers; Charge Point Operators (CPOs) and Charge Point Solution Providers (CSPs) to intelligently control the charging load with its open, vendor-agnostic platform. 

Let's take a look at why we believe in the company and the team.

Enabling hardware agnostic load management 
FLEXeCHARGE offers their customers the flexibility to manage loads and energy either on-premises or via cloud services, regardless of the installed charging infrastructure. Their offering is enhanced by their platform, a kind of “central cockpit”, that allows comprehensive monitoring and control.

According to FLEXeCHARGE’s customers, the technology is clearly ahead of the other players in the market. Flexible tariffs, static or dynamic load management, and integration with different storages and energy sources are the core of the technological superiority and sustainability offer. 

Currently, they are developing optimization algorithms for AI-powered energy and load optimization, poised to revolutionize the EV charging infrastructure by participating in the flexibility market and autonomously integrating energy tariffs and storage capabilities.

Highly scalable solution in a fast-growing market
The growth in the last year has been significant and the sector is expanding. FLEXeCHARGE’s products can be applied in nearly any market that wants to combine energy transition and sustainable mobility. Today, they are trusted by local and regional CPOs and CSPs in Germany, the Nordics, and Benelux - like Viggo energy, team Energy, BayWa, NWG Charging, and Floading.

A clear focus on sustainability 
Sustainability is the cornerstone of FLEXeCHARGE's vision and business solution, a critical criterion for our investment. Load and energy management are pivotal in advancing the green transition in mobility. FLEXeCHARGE enables an energy mix and a stable grid by integrating on-site energy sources like wind and solar with battery storage.

We are excited to start working with FLEXeCHARGE taking the European EV charging infrastructure to the next, sustainable level. 

Thrilled to work with Greencode Ventures having leading positions in the energy and e-mobility transitions. They have vast industry experience and strong track records, and we are positive they will contribute vital knowledge as we embark on our commercialization journey.” 
Max Brandt, Jan Köster, Dr Robert Brehm -  Founders of FLEXeCHARGE

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