WeaveGrid works to support the transition to electric transportation by connecting electric vehicles (EVs) with the power grid. Their software uses machine learning and predictive analytics to solve challenges related to integrating EVs into the grid. This platform not only helps utilities manage energy more effectively but also allows EV owners to save on their electricity bills by optimizing energy use. WeaveGrid stands out from competitors by focusing on collaboration with various stakeholders, including utilities, automakers, and EV charging station providers, to create a comprehensive solution for electrification. The main goal of WeaveGrid is to promote the use of renewable energy and reduce carbon emissions in transportation and energy networks.

Coatue Management

Grok Ventures

Breakthrough Energy Ventures

Ramez Naam

The Westly Group

Josh Felser

Emerson Collective

MCJ Collective

Salesforce Ventures

Collaborative Fund

Activate Capital

HSBC

Woven Capital

Automotive & Transportation

Energy

AI & Machine Learning

WeaveGrid

With investment from Toyota's growth fund, Woven Capital, TMNA collaborates with WeaveGrid to ensure that Toyota BEV and PHEV vehicles integrate smoothly with the electric grid.

Toyota Home Charging Experience Promsies a Seamless Future for BEVs and PHEVs

WeaveGrid announced a $28 million funding round led by Toyota's Woven Capital, with participation from existing investors and debt from HSBC Innovation Banking. This investment aims to enhance collaborations with automakers, expand product capabilities for electric utilities, and improve the EV driver experience. WeaveGrid's platform supports utilities serving over 40% of EVs in the US, positioning it as a leader in EV managed charging and grid integration.

WeaveGrid Secures $28M from Woven Capital

WeaveGrid secures $28 million in funding, led by Toyota's Woven Capital, to strengthen its position as the preferred platform solution for automakers, ensuring seamless EV integration with the electric grid and optimizing the charging experience.

Toyota's Woven Capital Leads $28M Investment in WeaveGrid to Enhance EV Charging Experience

WeaveGrid's advanced software integrates seamlessly with ChargePoint's Home Flex chargers, enabling participation in managed charging programs and optimizing energy usage during periods of high demand.

WeaveGrid, ChargePoint Expand EV Charging Programs

Leaders from Eaton, GE Vernova, NVIDIA Added to High-Powered Speaker LineupOAKLAND, Calif., Oct. 21, 2024 /PRNewswire/ -- Artificial intelligence for nuclear power generation, carbon-sequestering biochar, long-duration energy storage, submetering and managed charging for electric vehicles, real-time fault detection sensors, a prescribed-burn machine, advanced drones for system inspections, and new undergrounding systems are among the novel solutions and technologies that will be on display November 13 during Pacific Gas and Electric Company's (PGE) 2024 Innovation Summit presented in collaboration with DISTRIBUTECH® in San Jose. Press Release Innovation Summit. "We are proud to work with leading companies advancing energy-focused AI applications, and fire-tech and climate-tech solutions to drive impact across our system with minimal impact to customer bills," said Quinn Nakayama, Senior Director, Grid Research Innovation and Development, PGE. "We see the potential for innovation to address emerging challenges across our operations, and we recognize the tremendous opportunity that innovation offers to transform our energy system to deliver for our people, the planet and the prosperity of California for generations to come. Other utilities' challenges of tomorrow are PGE's realities of today, so I look forward to engaging at the summit to share ideas, and–in the spirit of mutual aid and support--I strongly encourage my utility peers across the country to join us in-person on November 13 in San Jose."Several industry leaders were recently added to the 2024 Innovation Summit's high-powered speaker lineup including:Sean Moser, Senior Vice President  Chief Product Officer of GE Vernova's Grid Softwaret team and Igor Stamenkovic, Senior Vice President  General Manager, Electrical Services and Systems Division, Eaton will join Joe Bentley, Senior Vice President, Electric Engineering, PGE for a discussion on the future of electric planning

Pge 2024 Innovation Summit To Showcase Novel Climate-Tech Solutions, Additional Speakers Confirmed

WeaveGrid, a software provider whose products help enable accelerated electric vehicle (EV) adoption on the electric grid, will collaborate with Southern Company subsidiary Alabama Power to launch an innovative new program for EV owners in the Alabama Power service footprint.

WeaveGrid Launches Electric Vehicle Initiatives With Southern Company Subsidiaries

WeaveGrid, a San Francisco-based software company, raised $28M in funding led by Woven Capital, with participation from existing investors and debt from HSBC Innovation Banking. The funds will be used to strengthen its platform for EV managed charging, enhancing collaborations with automakers and utilities to support EV adoption and grid stability.

WeaveGrid Secures $28M for EV Platform

WeaveGrid, a developer of AI-powered software designed to strengthen charging grids for EVs and utility companies, has secured a $28 million investment from Woven Capital, the venture arm of Toyota.

WeaveGrid lands $28M from Toyota to expand EV charging AI software

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsThe US solar-plus-storage firm Sunrun and the Ford Motor Company have been running a “stealth” vehicle-to-home energy storage experiment this summer, leveraging the powerful battery of the Ford F-150 Lightning electric pickup truck. So far they like what they see, and a pot-sweetener of $800 per customer should help ensure that the first-of-its-kind trial gains traction among EV drivers around the US.Ford F-150 Lightning & The Renewable Energy Storage ConnectionViewed from an energy storage perspective, electric vehicles are simply large, mobile batteries. They are source-agnostic, meaning they will take electricity from anyone, anytime, anywhere.In terms of decarbonization, getting EV drivers to recharge on 100% renewable energy is the next step. That’s a work in progress, but momentum is beginning to pick up as renewable energy stakeholders spot an opportunity to sell drivers on the multi-use capabilities of an electric vehicle.Meanwhile, Ford is setting a good example of how automotive stakeholders can promote the multiple benefits of owning a large, mobile energy storage device. Ford launched the new F-150 Lightning EV in 2021, shortly after a major oil pipeline shutdown threw US gasmobile drivers into panic mode.“F-150 Lightning can power your home during an outage,” said Ford President and CEO Jim Farley in a launch press statement, drawing attention to the longer-term benefits of owning an EV.The renewable energy hookup also emerged in 2021

Ford F-150 Lightning Is A Rolling Energy Storage Beast, & Sunrun Is Here For It

LITTLETON, Colo., June 18, 2024 /PRNewswire/ -- WeaveGrid, a software company that enables rapid electric vehicle (EV) adoption on the electric grid, and Emporia Energy, a leading innovator in home energy management solutions, today announced a partnership to make smart EV charging more accessible by expanding access to utility managed charging programs for Emporia EV charger owners.WeaveGrid and Emporia Energy announce a partnership to make smart EV charging more accessible by expanding access to utility managed charging programs for Emporia EV charger owners.WeaveGrid's intelligent software will integrate with Emporia Energy's EV chargers, enabling seamless participation in utility-managed charging programs and grid optimization initiatives. This will provide EV drivers with Emporia chargers the following benefits:Cost savings: By automatically aligning charging with periods of high renewable energy availability or low grid demand, paired with time-varying utility rates, drivers can potentially reduce the charging costs on their electric bills.By automatically aligning charging with periods of high renewable energy availability or low grid demand, paired with time-varying utility rates, drivers can potentially reduce the charging costs on their electric bills. Enhanced grid reliability: WeaveGrid's software helps to manage EV charging demand in real-time, ensuring grid stability and preventing potential strain on the electric grid distribution system.WeaveGrid's software helps to manage EV charging demand in real-time, ensuring grid stability and preventing potential strain on the electric grid distribution system. Charging insights: Compared to monthly utility bills, drivers see additional information about their charging patterns and costs through a weekly wrap-up of charging history.WeaveGrid and Emporia will soon launch the partnership in select utility managed charging programs administered by WeaveGrid."We are thrilled to partner with Emporia Energy to make smart EV charging more accessible and affordable for all types of EV drivers," said Yakov Berenshteyn, Director of Automotive and Charging Partnerships at WeaveGrid. "Emporia's commitment to clean energy aligns perfectly with our mission to accelerate the transition to sustainable transportation.""This partnership is a significant step forward in simplifying the EV charging experience for EV drivers and Emporia charger owners," said Shawn McLaughlin, CEO of Emporia Energy. "By combining Emporia's reliable EV chargers with WeaveGrid's intelligent software, we are empowering drivers to save money, contribute to a cleaner grid, and enjoy the convenience of smart charging."Emporia chargers are one of the top selling EV Chargers in North America

Weavegrid And Emporia Energy Partner To Simplify Smart Ev Charging And Drive Ev Adoption

Facilitates EV-grid integration and optimization

WeaveGrid

Facilitates EV-grid integration and optimization

WeaveGrid

Facilitates EV-grid integration and optimization

About

Simplify's Take

What believers are saying

What critics are saying

What makes WeaveGrid unique

6 month growth

1 year growth

2 year growth

Benefits

Recently Posted Jobs

WeaveGrid is Hiring for 0 Jobs on Simplify!