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EECOMOBILITY Attracts Seed Funding for Transformative EV Battery Testing Technology

Nov 19, 2024 - financialpost.com
EECOMOBILITY, a startup from McMaster University’s Centre for Mechatronics and Hybrid Technology, has secured seed funding from a group of global investors. The funding round was led by RiSC Capital, with participation from Automotive Ventures, Emerson Ventures, and a North American Original Equipment Manufacturer. The company, founded by Dr. Saeid Habibi, specializes in AI and has developed advanced testing and monitoring software for the automotive, energy storage, industrial, and manufacturing sectors.

Their flagship product, EECOPower, offers rapid battery cell and module testing and characterization systems designed for lithium-ion battery pack production. These systems can detect defective batteries that can cause fires and performance issues. EECOMOBILITY's systems are now installed in facilities operated by OEMs and battery manufacturers, as the company expands its technology across the electric vehicle battery manufacturing and assembly industry.

Key takeaways:

  • EECOMOBILITY, a startup from McMaster University’s Centre for Mechatronics and Hybrid Technology, has secured seed funding from a global group of investors.
  • The funding was led by RiSC Capital with participation by Automotive Ventures, Emerson Ventures and a North American Original Equipment Manufacturer.
  • EECOMOBILITY specializes in Artificial Intelligence (AI) and has developed advanced testing and monitoring software for the automotive, energy storage, industrial, and manufacturing sectors.
  • Their flagship product line, EECOPower, offers rapid battery cell and module testing and characterization systems designed for lithium-ion battery pack production.
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