Full-Time
Confirmed live in the last 24 hours
Facilitates EV-grid integration and optimization
$145k - $180kAnnually
Senior
San Francisco, CA, USA
Hybrid work setup for candidates local to the SF Bay Area.
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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 helps utilities manage energy more efficiently and 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 electric networks.
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$62.3M
Headquarters
San Francisco, California
Founded
2018
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Stock Options
Flexible Work Hours
Hybrid Work Options
WeaveGrid secured strategic investment from Hyundai and Kia, joining Toyota's Woven Capital, to enhance its EV-grid integration platform. This investment solidifies WeaveGrid's position as a leader in grid-interactive vehicle technologies, offering solutions like EV Management System and DISCO for smart charging. The funding will accelerate WeaveGrid's efforts in transforming EVs into grid-interactive assets, addressing challenges in grid load management and renewable energy integration.
WeaveGrid announced a strategic investment from Hyundai Motor and Kia, reinforcing its leadership in EV charging management. This investment, alongside Toyota's Woven Capital, highlights WeaveGrid's role in grid-interactive vehicle technologies. The company's EV Management System enables secure, grid-integrated EV charging. With over a dozen integrations with automotive brands, WeaveGrid is addressing challenges in EV charging and grid reliability, accelerating the shift towards intelligent electric transportation.
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.
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, 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, 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 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.
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.
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
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
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, 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.