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Climate love

Elonroad secures SEK 22M funding to drive innovation and prepare for commercial rollout

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Exciting #SET100 News: 2023 SET Award runner-up Elonroad, recently secured a SEK 22M ($2.6M) #fundinground. 🚀 Chosen among 500 applicants, the company aims to revolutionize sustainable transportation. This latest funding raised from the European Union via EIT Urban Mobility, including local investors such as Bring and Almi Invest will help Elonroad drive innovation and prepare for commercial rollout. What’s unique about the start-up? 🛣️ Elonroad develops a high-tech electric road system that charges vehicles when parked and driving. 🛣️ Their cutting-edge technology ensures safety and enables intelligent road systems. 🛣️ By 2025, Elonroad aims to support all electric vehicles. Two new pilot projects with Bring in Sweden and Norway are underway. We couldn’t be more thrilled for the start-up. Find out more about this latest investment 👉

#SETAward #CleanTech #EV

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  • We Don't Have Time

    54 w

    Dear Start Up Energy Transition (SET) Thank you for getting your climate love to level 2! We have reached out to Elonroad and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time

    • Munene Mugambi

      54 w

      This should have a great impact on our environment

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