Brussels-based startup Pleevi has raised €1 million to expand its AI-driven smart EV charging technology across Europe in its ambition to manage 25k charging points by 2027.
The funding round saw contributions from Angelwise, Seeder Fund, Noshaq Energy, QBIC III Fund, and Angel investor Loïc Bar.
“The unique aspect of Pleevi is that our entire charging process is not only based on real-time information but also incorporates what the next hours will bring,” explains Wout Lagae, Co-founder and CEO of Pleevi. “By forecasting energy flows 24 hours ahead, Pleevi’s AI-driven optimisation ensures efficient energy usage without overloading the grid. For instance, on a sunny morning, we can account for abundant solar energy expected later in the day, as well as wind energy forecasts. Our algorithm also factors in the energy needs of the main building on a given day. This helps determine how much energy will be available for charging infrastructure. On a Friday, when many employees work from home, the capacity will differ significantly from a busy Tuesday when high energy demand is required both in the parking area and the building. This allows us to offer not only cheaper but also greener charging sessions.”
Founded in 2024 as spin-off of VITO (partner in Energyville) by Wout Lagae and Robin Vanderschueren, Pleevi has developed software that integrates multiple energy sources, including solar power and stationary batteries, to create an intelligent, demand-based charging system.
Unlike traditional EV chargers that focus solely on immediate cost and energy savings, Pleevi’s system takes a broader approach, prioritising driver convenience, grid stability, and long-term sustainability. Its AI engine forecasts energy flows up to 24 hours ahead, considering factors such as weather predictions, building energy consumption, and fluctuations in green energy availability.
Pleevi’s technology is already operational in Belgium, Germany, and France through partnerships with notable industry players such as Phoenix Contact and VMA (part of the CFE Group), demonstrating its scalability in different markets.
Marc Mommaerts, Managing Partner of Angelwise and Chairman of the board, stated: “Pleevi’s smart EV charging tackles a critical energy challenge. It optimizes renewable energy use, strengthens grid stability, and prevents overloads. With top-notch technology Pleevi delivers strong ROI while solving a clear societal and energy problem..”
Loïc Bar, also expressed his enthusiasm: “As the energy transition accelerates and the world embraces rapid electrification—driven largely by electric vehicles—flexibility in our power systems is becoming essential. Pleevi positions itself as a crucial enabler by providing cutting-edge APIs that empower charging point operators to deploy innovative solutions faster and more effectively. Their technology is a key driver of the smarter, more sustainable infrastructure we need for the future. I’m happy to be part of the story and look forward to it.”
Pleevi’s AI-driven system reportedly lowers the cost of EV charging and reduces reliance on fossil-fuel-based electricity. By considering factors such as departure times, local solar energy production, building loads, connection constraints, and dynamic energy prices, the company provides an optimised charging solution tailored to each site’s needs.
Read the orginal article: https://www.eu-startups.com/2025/01/pleevi-raises-e1-million-for-ai-powered-electric-vehicle-charging-across-europe/
