Eecomobility, a startup that develops battery testing and monitoring software for the electric vehicle (EV), energy storage, and industrial markets, has secured seed funding from a group of investors. The funding round was led by RiSC Capital, a Canadian investment firm founded by Shopify co-founder Scott Lake that manages a deep-tech early-stage fund. Other participants in the seed funding included Automotive Ventures and Emerson Ventures, the corporate venture capital arm of Emerson Electric.
About Eecomobility’s Funding and Technology
Eecomobility’s flagship product is EECOPower, a software program that offers rapid battery cell and module testing and characterization systems designed for lithium-ion battery pack production. The company claims that these systems are transformative for the automotive industry because they can detect defective batteries that may cause fires and performance issues. EECOPower is applicable to battery cells, modules, and packs.
Deployment and Industry Impact
The company’s technology has already been deployed at automobile manufacturers and battery manufacturers. It is currently being rolled out at companies in the vehicle battery manufacturing and assembly industry. Eecomobility’s technology aims to improve the safety and performance of lithium-ion batteries used in EVs and other applications.
The funding will likely support the further development and commercialization of Eecomobility’s battery testing and monitoring software. With the participation of Automotive Ventures and Emerson Ventures, the investment round demonstrates the industry’s interest in innovative battery testing solutions.
