August 17, 2023

ElectroTempo, Inc. Raises $4M in Seed Funding to Revolutionize EV Charging Infrastructure with ZEBOX Ventures

ElectroTempo, Inc., is a software company accelerated at ZEBOX, focused on charging network planning and intelligence, has secured $4 million in seed funding.
ElectroTempo, Inc. Raises $4M in Seed Funding to Revolutionize EV Charging Infrastructure with ZEBOX Ventures

Led by Buoyant Ventures, with participation from Schematic Ventures, ZEBOX Ventures, SpringTime Ventures, Supply Chain Ventures, VIPC | Virginia Innovation Partnership Corporation and Clean Energy Venture Group, this funding will supercharge ElectroTempo, Inc.’s mission.

"This funding round will allow us to enhance our products to deliver more value to our customers and scale our coverage to meet nationwide demand.” - Dr. Yanzhi (Ann) Xu, CEO of electrotemp technologies.ElectroTempo, Inc.’s software forecasts EV charging demand, empowering industrial site hosts to optimize charging networks and boost ROI by over 20%. With a focus on trucks and vans, the company is set to accelerate the transition to electric fleets. ⚡️“Our investment marks our strong belief in ElectroTempo, Inc.’s team and product, and our wish to continue providing them with all the support and services they need to develop their business with ZEBOX and the Group.” - ZEBOX Ventures.

Since their pre-seed funding, ElectroTempo, Inc. has grown to nine customers, increasing annual recurring revenue by over 150%. This investment propels their impact towards a greener transportation future.  🌱🔋