21. February 2025

Easelink secures €11.5 million funding to advance automated EV charging standardization

Out of 1,211 applicants, only 71 companies received funding, underscoring the pioneering impact and transformational potential of Easelink’s innovation.

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Easelink who’s pioneering automated electric vehicle (EV) charging with its Matrix Charging® technology, has been awarded €11.5 million in funding from the European Innovation Council (EIC). This financial support underlines the strategic fit between Easelink’s goal of setting the standard for automated EV charging with the European Union’s objective to drive carbon neutrality by promoting EVs and their integration into a smart energy system.

Easelink succeeded in the most competitive EIC funding round to date. The 2nd phase of the EIC Accelerator closed in October 2024 with 1211 submitted applications, of which 431 (36%) were invited to the jury interviews in Brussels. In the end only 71 companies (16% of 431 interviews / 5,9% of phase 2 / ~3% of phase 1) were funded. Further details can be found in the official EIC statement here.

We are delighted about the EIC support. It underlines that our standardization efforts are in line with the EU’s electrification strategy. When it comes to automated charging interoperability is key. At Easelink we are not only tech innovators in the field of charging. We also see ourselves as a reliable entity that ensures and protects the global cross-brand interoperability of Matrix Charging.
Hermann Stockinger, founder and CEO

In order to achieve this, Easelink is establishing worldwide partnerships in the automotive and energy sectors with great progress currently being made in Europe, China and Japan. Together with selected OEMs and other key players Easelink is working on the next necessary standardization steps alongside the ongoing Matrix Charging® series development.

To prepare Matrix Charging’s commercialization and its market launch Easelink is now seeking further technology funding in the form of venture capital.

Easelink’s Matrix Charging® system provides a fully automated charging experience, eliminating the need to manually plug in an EV. The system consists of a vehicle unit and a charging pad installed on the parking space, is compatible with most major electric vehicle platforms, and is available in retrofit and factory-installed options. This cost-effective and energy-efficient automated charging system suits premium and volume segment vehicles.