The startup develops battery energy storage systems that utilize idle charging periods to efficiently store energy for later use, specifically targeting regions with unreliable grid infrastructure. This technology enables clients to enhance power charging capabilities while maximizing the integration of renewable energy sources.
Funding
$3.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many locations lack sufficient grid capacity to support high-power electric vehicle charging, necessitating costly infrastructure upgrades. Existing battery energy storage systems (BESS) often lack the flexibility to handle both high-power charging and renewable energy integration efficiently.
Solution
Nerve Smart Systems provides battery energy storage solutions that enable high-power EV charging even in areas with limited grid connections. Their technology utilizes a variable topology BESS managed by Nerve Switch®, allowing for dynamic cell stack configuration. This enables the BESS to charge during idle periods or when electricity is cheap, and then deliver high power for rapid EV charging when needed. The system also facilitates direct integration of renewable energy sources like solar without requiring PV inverters, optimizing energy usage and reducing costs.
Target Audience
The primary target audience includes charging station operators, businesses, and energy companies seeking to deploy high-power EV charging infrastructure and integrate renewable energy sources.
Features
- Variable topology BESS for flexible application in both high-power charging and renewable energy time-shifting
- Nerve Switch® technology for individual battery cell management and dynamic cell stack configuration
- High-power charging capabilities up to 350kW, regardless of grid capacity
- Direct renewable energy integration without PV inverters
- Intelligent system control optimizes battery performance and enhances durability
- Remote system control and software updates for continuous improvement of algorithms