Chakratec

Chakratec

With our pioneering flywheel technology and revolutionary power boosters that enable ultrafast, reliable, and cost-effective EV charging, anywhere. Learn more
  • Edit
DateInvestorsAmountRound
-

N/A

-

$2.0m

Series B
*

$4.4m

Series C
N/A

N/A

IPO
*

$30.0m

Post IPO Equity
*
N/A

$13.0m

Post IPO Equity
Total Funding€5.8m

Recent News about Chakratec

Edit
More about Chakratecinfo icon
Edit

Chakratec is an innovative startup that specializes in providing advanced energy storage solutions, primarily focusing on the electric vehicle (EV) market. The company operates in the rapidly growing sector of sustainable energy and electric mobility, which includes electric, connected, and autonomous vehicles. Chakratec's primary product is a unique kinetic energy storage system, which helps to overcome the limitations of traditional battery storage by offering a more efficient and sustainable solution.

Chakratec serves a diverse range of clients, including electric vehicle charging station operators, utility companies, and businesses that require reliable and efficient energy storage solutions. The company’s technology is particularly valuable in locations where the power grid is unstable or where there is a high demand for fast EV charging.

The business model of Chakratec revolves around selling and leasing its kinetic energy storage systems to clients. These systems are designed to store energy during off-peak times and release it during peak demand, thereby reducing the strain on the power grid and ensuring a stable supply of electricity. This not only helps in managing energy more efficiently but also supports the growth of electric vehicle infrastructure by enabling faster and more reliable charging options.

Chakratec makes money through the direct sale of its energy storage systems, as well as through leasing agreements and maintenance contracts. By providing a reliable and efficient energy storage solution, Chakratec helps its clients reduce operational costs and improve the reliability of their energy supply, which in turn drives demand for its products.

In summary, Chakratec is a key player in the sustainable energy and electric mobility market, offering innovative energy storage solutions that support the growth of electric vehicle infrastructure and help manage energy more efficiently.

Keywords: Kinetic Energy Storage, Electric Vehicles, Sustainable Energy, Energy Storage Solutions, EV Charging, Grid Stability, Fast Charging, Utility Companies, Energy Efficiency, Renewable Energy.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.