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Verbund X Ventures invests in Easelink

Verbund X Ventures, the corporate venture capital unit of Austrian energy company Verbund, is investing €1.5m in Easelink, a leading high-tech company based in Graz.
By James Foster October 17, 2024 Read time: 2 mins
From left to right: Gregor Eckard (Easelink), Sara Toth (Verbund X), Hermann Stockinger (Easelink), Peter Schiff (Verbund X). Photo: Easelink

Easelink was founded with the vision of revolutionising the charging infrastructure for electric vehicles. The company’s patented Matrix Charging technology enables fully automated, conductive charging of electric vehicles without manually plugging in a charging cable. When the vehicle is positioned over the Matrix Charging Pad, a connector automatically lowers from the car's underbody and attaches to the pad. This system boasts a transmission efficiency of over 99%, making it one of the most energy-efficient automated charging solutions on the market.

Easelink's automated charging solution offers the potential to significantly support electromobility and accelerate the transition to a sustainable energy system. With this investment, the company is making an important contribution to decarbonisation in Europe by further developing innovative, customer-oriented solutions in the field of electromobility.

By 2030, around nine million electric vehicles are expected to be sold annually in Europe. Nevertheless, the charging infrastructure remains one of the biggest challenges for the widespread introduction of electric vehicles. Easelink is already working with leading car manufacturers who want to integrate Matrix Charging technology into their future vehicle models. With offices in Austria and China and a highly qualified team of around 40 employees, Easelink is ideally positioned to tap into the international market. Thanks to its first-mover position and comprehensive patent protection, the company has a significant competitive advantage in the field of charging infrastructure.

“We are convinced that automated charging is the key to the widespread adoption of electromobility,” said Hermann Stockinger, CEO and founder of Easelink. “With Matrix Charging, we offer an efficient and user-friendly solution that benefits both end users and the infrastructure.”

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