Pulsetrain has successfully secured €6.1 million in seed financing to revolutionize the electric vehicle industry by significantly enhancing battery performance and lifespan, thereby making future vehicles safer, more powerful, longer-lasting and more affordable. This funding round, led by Vsquared Ventures and Planet A, with additional support from Climate Club, is aimed at advancing product development to facilitate industrialization and scaling processes.
The company's groundbreaking powertrain technology promises to extend the life of EV batteries by up to 80%, equivalent to an 18-years lifespan as opposed to the standard 10 years, while also mitigating thermal risks. This innovation will enable manufacturers to produce more powerful and cost-effective EVs, positioning safety as a paramount concern in a fiercely competitive market.
Pulsetrain adopts a holistic approach by integrating the functions of the battery management system (BMS), the inverter and the charging electronics into a unified in-battery solution. This approach, centered around a multilevel inverter that combines hardware and software for more efficient energy use, employs AI and standardizes electronic systems to enhance powertrain integration and resource efficiency.
Moreover, Pulsetrain is developing a multilevel platform for AI-based real-time data analysis to enable new capabilities in fleet management, intelligent charging control and the bidirectional integration of vehicles into the power grid.
The company, co-founded by Leopold König of CustomCells, Thomas Plaschko of Enfas, and Niclas Lehnert of Bavertis, brings together extensive expertise and a vast network in the battery and technology sectors, setting a strong foundation for growth. With over 40 specialized employees, Pulsetrain is poised to lead the shift toward more sustainable electric powertrains, initially targeting two-wheelers and commercial vehicles before expanding into other sectors such as automotive, aviation, agriculture and shipping.
Partnerships with stakeholders in the two-wheeler and commercial vehicle sectors are already underway to develop test vehicles and production plans. Supporters such as Patrick Tucci of Vsquared Ventures and Nick de la Forge of Planet A highlight Pulsetrain's potential to disrupt the automotive industry and advance the adoption of EVs by overcoming significant performance barriers and enhancing battery efficiency.
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