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July 12, 2023

Go Eve secures €3.5M to expand DockChain EV charging system

Go Eve powers up high-power DC charging to rival AC options, scaling production with €3.5M funding for summer launch

Go Eve, a dynamic EV charging start-up from Dublin, has secured €3.5 million in funding to accelerate production and deploy its revolutionary DockChain system across various sites this summer. Notable participants in the funding round include The Pearl Family Office, Carter Gem, Automotive Ventures Inc, Kero Development Partners, and Cur8 Capital.

Go Eve's innovative technology aims to level the playing field by making high-power DC (DockChain) charging an affordable alternative to lower-power AC charging options. By creating a network of interconnected, low-cost charging terminals, Go Eve's software orchestrates a virtual queue, intelligently managing the charging chain's scheduling.

With a fresh injection of funding, Go Eve is poised to make a significant impact in the EV charging industry. By revolutionizing high-power DC charging, they are paving the way for a more accessible and efficient charging infrastructure. Keep an eye on Go Eve as they charge ahead with their game-changing DockChain system.

Dublin-based EV charging start-up Go Eve has raised €3.5 million in funding to scale production and get its DockChain system on sites over the summer. Involved in the funding round are The Pearl Family Office, Carter Gem, Automotive Ventures Inc, Kero Development Partners and Cur8 Capital.

The University College Dublin (UCD) and Imperial College London spin-out’s tech intends to ‘make high-power DC (DockChain) charging cost-competitive with lower-power AC charging options’ – it extends the reach of a single rapid DC charger to a daisy-chain of low-cost charging terminals. Its software runs scheduling for the charging chain as it ‘intelligently manages a virtual queue'.

“Go Eve offers a technology that can transform EV charging. For EVs to replace fossil-fuel cars, charging needs to be faster, lower cost, more widely available and most efficiently use available grid capacity. Our technology does all these things, which is why we see a future with rapid charging in every space" said Go Eve CEO Hugh Sheehy, who founded the start-up with John Goodbody, Professor Robert Shorten, Dr Pietro Ferraro and Andrew Cullen in 2021.

Neil Hodgson-Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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