Go Eve is raising $3.5m to scale North American EV charging rollout.
Go Eve, the Irish-British electric vehicle charging technology company, is raising $3.5 million in funding to support its expansion into the North American market following the certification of its DockChain system to the UL 2202 standard.
The company, a spin-out from University College Dublin and Imperial College London, has developed a patented hardware and software platform that enables a single DC fast charger to power multiple parking bays through a daisy-chain configuration.
“DockChain rewrites the economics of DC fast charging, enabling more parking bays to access rapid charging from a single power source”
Go Eve’s system is designed to reduce infrastructure costs and improve charging efficiency for fleet operators, workplaces, and public charging environments.
Go Eve has commenced production of DockChain in Dearborn, Michigan, through a partnership with Goodwill Integrated Solutions. The company said the new capital will be used to accelerate deployment and scale operations across the United States and Canada.
Capturing a global EV opportunity
“Certification to North American electrical standards is a pivotal milestone for Go Eve and DockChain,” said Hugh Sheehy, chief executive of Go Eve. “This certification further opens the door to a major global opportunity and to seize it fully Go Eve is raising $3.5 million in additional capital before year-end, ensuring we have the investment and resources to scale rapidly and deliver on the demand.”
The DockChain system integrates with existing DC fast chargers and enables operators to connect multiple vehicles to a single power source. The company said the system’s intelligent software allows for dynamic prioritisation and optimisation of charging across bays, which is particularly suited to high-turnover fleet environments.
“DockChain rewrites the economics of DC fast charging, enabling more parking bays to access rapid charging from a single power source,” Sheehy said. “That means drivers spend less time waiting, and operators can deploy infrastructure faster and at lower cost.”
Go Eve is expanding its distribution and installer network in North America and is working with partners including Uptime, Mid Cour, and the Merlin Group, which provides access to last-mile delivery operators.
“Thanks to our manufacturing partner, Goodwill Integrated Solutions, we’re ready to deliver at scale,” Sheehy said. “Certification clears the way for large-scale adoption and gives our customers complete confidence as they electrify their fleets, workplaces, and parking facilities.”
Go Eve is headquartered at NovaUCD in Dublin and maintains offices in the United Kingdom and the United States.
Top image: Hugh Sheehy, CEO and co-founder, Go Eve. Photo Nick Bradshaw
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