Easelink secures €11.5 million funding to advance automated EV charging standardization
Easelink who’s pioneering automated electric vehicle (EV) charging with its Matrix Charging® technology, has been awarded €11.5 million in funding from the European Innovation Council (EIC). This financial support underlines the strategic fit between Easelink's goal of setting the standard for automated EV charging with the European Union's objective to drive carbon neutrality by promoting EVs and their integration into a smart energy system.
Easelink succeeded in the most competitive EIC funding round to date. The 2nd phase of the EIC Accelerator closed in October 2024 with 1211 submitted applications, of which 431 (36%) were invited to the jury interviews in Brussels. In the end only 71 companies (16% of 431 interviews / 5,9% of phase 2 / ~3% of phase 1) were funded. Further details can be found in the official EIC statement here.
We are delighted about the EIC support. It underlines that our standardization efforts are in line with the EU’s electrification strategy. When it comes to automated charging interoperability is key. At Easelink we are not only tech innovators in the field of charging. We also see ourselves as a reliable entity that ensures and protects the global cross-brand interoperability of Matrix Charging
To prepare Matrix Charging®’s commercialization and its market launch Easelink is now seeking further technology funding in the form of venture capital.
Easelink's Matrix Charging® system provides a fully automated charging experience, eliminating the need to manually plug in an EV. The system consists of a vehicle unit and a charging pad installed on the parking space, is compatible with most major electric vehicle platforms and is available in retrofit and factory-installed options. This cost-effective and energy-efficient automated charging system is suitable for both premium and volume segment vehicles.
About Easelink
Easelink is a high-tech company headquartered in Graz, Austria, and dedicated to development of the automated conductive charging solution “Matrix Charging®” for electric vehicles. The innovative character of Easelink can be seen in its many patents and trademarks. Easelink, with sites in Austria and China, currently has 40 employees and actively contributes to various standardization bodies for charging technology, such as the relevant working groups of the Charging Interface Initiative (CharIn), the International Electrotechnical Commission (IEC) and the International Organization for Standardization (ISO). Within the framework of cooperative projects, a number of leading automotive manufacturers and suppliers, infrastructure providers and vehicle fleet operators are already making use already of the innovative Matrix Charging® technology.
About Matrix Charging® by Easelink
With the Matrix Charging® technology, the electric vehicle is charged automatically without the need to manually plug in a charging cable. As soon as the vehicle is positioned above a fixed charging pad in the parking lot, the Matrix Charging® Pad, a so-called Connector is lowered from the underbody of the vehicle. The Connector connects to the Matrix Charging® Pad fully automatically.