EV Solutions Startup Numocity Raises Funds

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  • The company said that its middleware platform handles complex interworking between electric grid, charging infrastructure and battery
  • It includes a value-added services platform built with mobility intelligence and data

According to a report by Economic Times, tech startup Numocity Technologies has raised an undisclosed amount from Ideaspring Capital, Rebright Partners and ABB Technology Ventures. This startup provides digital solutions for electric mobility infrastructure.

The report said that Numocity has an end-to-end middleware solution with many use cases for the electric vehicle ecosystem. It ranges from fixed charging infrastructure, battery swap management, analytics for fleet operations. It also includes a value-added services platform built with mobility intelligence and data as per Numocity.

Charging infrastructure and battery

The company further said that its middleware platform handles complex interworking between electric grid, charging infrastructure and battery. It delivers a seamless and simple experience for EV users claimed the Numocity. The platform has been built for scale and offers advanced intelligence for growth in e-mobility adoption.

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According to the report, Naganand Doraswamy, managing director, Ideaspring Capital said that as the adoption of EVs pick up globally Numocity’s solution will become very valuable to all the players in the EV ecosystem.

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