London, United Kingdom
Electric Miles is a forward-thinking cleantech startup, with a vision to revolutionize the electric vehicle (EV) charging landscape. Established in 2019 and headquartered in the United Kingdom, the company is pioneering the development of the world's most intelligent Internet of Energy (IoE) EV charging solution. Their innovative approach connects EVs and home batteries through sophisticated computer intelligence, helping users enhance energy efficiency, cut costs, and minimize overall energy consumption.
Working closely with EV charger manufacturers and retailers, Electric Miles offers a comprehensive charge management solution. Central to this is their Smart Charge app, which enables energy flexibility services for National and Local Grids. This collaboration allows for efficient demand aggregation and scheduling, alleviating grid strains while sharing value with customers and EV drivers.
With a mission to orchestrate Distributed Energy Assets (DEA), Electric Miles envisions their IoE platform functioning as a Virtual Power Plant. This vision includes storing energy when prices are low and utilizing or selling it during peak pricing, rewarding asset owners for active participation. Starting with EV batteries and extending to home batteries, solar panels, and home heating, the startup's goal is to optimize energy trades for systemic value.
The dynamic growth of Electric Miles was recently bolstered by a $2.50M Series A investment on 23 January 2025 from Vestel Ventures. This capital infusion is expected to propel their mission forward, positioning the company as a key player in the intersection of AI, energy, and automotive industries.
