2 years ago
Dynamon Secures €4.6 Million to Empower EV Transition in Commercial Fleets
UK-based fleet optimization software company Dynamon has raised €4.6 million in Series A funding from bp ventures
The investment will be used to commercialize and scale Dynamon's platform, expanding its reach in Europe and North America
Dynamon's software helps transport and logistics companies analyze and optimize their fleets for cost-effective decarbonization, particularly in transitioning to electric vehicles
The partnership with bp will also see Dynamon's software deployed within bp pulse, further enhancing their customer offerings in EV fleet solutions.
ProblemTechnology Infrastructure
"Electrifying large-scale fleets is a complex and costly process, requiring extensive research and analysis to ensure cost-effectiveness and operational efficiency. Fleet managers need to consider factors like vehicle selection, charging infrastructure, energy costs, and operational analysis, making it difficult to determine the best solution for their needs."
Solution
"Dynamon's software, ZERO, provides advanced data analytics and simulation tools that help businesses optimize their fleet operations for a smooth transition to electric vehicles. It analyzes various factors, including vehicle types, charging infrastructure, energy costs, and operational data, to identify the most cost-effective and efficient electrification strategy for their specific needs. This helps businesses save money on energy costs, reduce their carbon footprint, and improve operational efficiency."