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DateInvestorsAmountRound
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N/A

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$230k

Grant

$740k

Grant

N/A

Acquisition
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$100m

Growth Equity VC
Total FundingAUD156m

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PowerFlex is a leading provider of advanced electric vehicle (EV) charging solutions, focusing on optimizing fleet operations and sustainability reporting. The company operates in the renewable energy market, serving commercial clients such as logistics companies, corporate campuses, and municipalities. PowerFlex's core product includes EV charging stations equipped with their proprietary PowerFlex X energy management software. This software monitors, tracks, and reports on charging activities, integrating with telematics platforms to optimize Electric Vehicle Supply Equipment (EVSE) operations. The business model revolves around selling and installing EV charging stations, along with offering software solutions and maintenance services. Revenue is generated through the sale of hardware, software subscriptions, and service contracts. PowerFlex's clients benefit from reduced energy costs, improved operational efficiency, and enhanced sustainability metrics, helping them achieve their net-zero goals. The company is a subsidiary of EDF Renewables, leveraging decades of experience in the renewable energy sector to provide cutting-edge solutions.

Keywords: EV charging, energy management, fleet optimization, sustainability, telematics integration, renewable energy, commercial clients, net-zero goals, EDF Renewables, PowerFlex X.

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