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Energy Tech Series B Founded 2009

Evatran

Evatran (Plugless Power) is a developer of wireless electric vehicle charging solutions for autonomous, electrified mobility, and clean energy applications. The company has established itself as an industry leader in autonomous wireless charging, achieving multiple industry firsts including the first wireless EV charging station to provide one million charge hours with installations at Google and Hertz, the first…

📍 Wytheville, United States · Electric Vehicles,

Funding snapshot

Last roundSeries B
Amount$2M
Date8 July 2016
Total raised$16M
Team size11

About

Evatran (Plugless Power) is a developer of wireless electric vehicle charging solutions for autonomous, electrified mobility, and clean energy applications. The company has established itself as an industry leader in autonomous wireless charging, achieving multiple industry firsts including the first wireless EV charging station to provide one million charge hours with installations at Google and Hertz, the first 3.3kW and 7.2kW production wireless charging stations available for purchase by EV owners, the first wireless charging station installed on a production fleet of European driverless shuttlebuses, the first production wireless charging station for Tesla Model S, and the first production wireless charging station to support a Chinese production EV with a 6-inch air gap. Plugless Power's inductive charging technology enables electric vehicles to charge without physical cable connections, providing superior convenience and simplicity for EV owners while supporting the growing ecosystem of autonomous vehicles, mobility platforms, and drones. The company emphasizes engineering sophistication through simplicity, understated innovation, and smart, resilient technology design. Founded in 2009 and headquartered in Wytheville, United States, the company has raised $15.8M in Series B funding from investors including DOE, Revitalizeva, Zhejiang VIE Science and Technology, and New Richmond Ventures.

Business model

Electric Vehicles > Charging Solutions > Wireless Charging > Inductive,

Energy Storage Tech > Charging > Devices > Wireless > Conductive > Electric Vehicle

Institutional investors

DOE Revitalizeva Zhejiang VIE Science & Technology New Richmond Ventures

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