“Meredot” — Investment in Wireless Charging Stations

by Meifan Honcharuk
Tuesday, November 9, 2021
“Meredot” — Investment in Wireless Charging Stations

"Meredot" raises $350.000 to develop wireless chargers for electric scooters

Ukrainian-Israeli startup Meredot, which develops wireless charging stations for electric scooters,

$350.000 in a seed round from Overkill Ventures, Ukraine Invest and a Dnipro businessman Alexander Krivoruchko. The funds will be used to develop the product further, release the first commercial versions and launch the first pilot projects.

The mission of the startup 

Meredot is a missing element in the electric transport infrastructure, without which its further development is impossible.

Electric transport is an inevitable future, and in 10-15 years, every second car will already be electric. And this future is impossible if charging stations are what they are now. Even super-powerful stations will not solve the problem.

Charger's unique features:

• Ability to charge objects at a distance of 30cm with an efficiency of 90-95%;

• The Meredot system consists of two parts: a wireless charging station (control panel and parking area) installed in a public place and an adapter for an electric scooter or electric scooter.

• The process of wireless energy transfer begins after parking on the charging platform (which can be scaled to the size of a specific vehicle).

• The technology is scalable and can be applied simultaneously to devices of different sizes or types — scooters, bicycles, cars, drones.

History of the company's development 

Meredot was founded in 2019 by Ukrainian Roman Bysko. Over the past six months, Meredot has grown from developing a laboratory prototype to creating a commercial version of its wireless charging station for BirdLimeBolt and other e-scooter operators.

In 2019, Meredot won the first 50.000 grant to develop MePower wireless charging technology, which is the main component of the current slot station. In 2020, the startup attracted preseed investments from the Overkill venture capital fund, and Meredot's valuation reached €1.33 million.

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