Electric Miles

company

About

Intelligent Internet of Energy Charging Platform

  • London,England,United Kingdom
  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
£800K
Industries
Artificial Intelligence,Automotive,Electric Vehicle,Energy,Software
Founded date
Sep 17, 2017
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Electric Miles Ltd

Electric Miles is a cleantech company developing the world's most intelligent Internet of Energy (IoE) electric vehicle charging solution. We connect EV and home batteries with the best computer intelligence to help users save energy costs, be more efficient, and reduce overall energy.

Using the power of artificial intelligence and machine learning, our platform selects the most intelligent charging schedule combining low tariffs, vehicle journey needs, and a low carbon footprint, and automatically initiates and terminates vehicle charging to reduce user inefficiency that drives up costs.

The National Grid is facing increasing and significant stress due to the massive electrification of our transportation fleets. The various grid companies offer flexibility contracts to demand side aggregators such as Electric Miles to solve this problem. This is a £3Bn market.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
£0.93M
Electric Miles has raised a total of £0.93M in funding over 2 rounds. Their latest funding was raised on Jan 31, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 31, 2022 Seed £800K 4 Blue Lake
Low Carbon Innovation Fund
Vip Amin
Detail
Dec 20, 2020 Seed Detail
May 1, 2020 Pre-seed £130K 1 Detail

Investors

Number of Lead Investors
Number of Investors
3
5
Electric Miles is funded by 5 investors. Blue Lake and Low Carbon Innovation Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Blue Lake Yes Seed
Low Carbon Innovation Fund Yes Seed
Vip Amin Yes Seed
Cambridge Capital Seed
Angel Investors * Pre-seed

Employee Profiles

Number of Employee Profiles
3
Electric Miles has 3 current employee profiles, including Employee Lyubov Guk
Employee
Executive
Employee