ZeroMission Secures $3M Investment to Accelerate Electric Fleets
Funds will be invested in Europe & US expansion of ZeroMission’s electric fleet management platform which supports fleet operators at all stages of the transition to electric vehicles
ZeroMission fleet management software is already used by transit bus operators in California and, by leading US technology companies operating electric vehicles for employee commuter services.
TIPPERARY & LOS ANGELES , July 10th 2024: ZeroMission, the leading provider of an EV fleet management platform for commercial electric vehicles (EV’s), has today announced new investment to continue its growth and expansion strategy. The round was co-led by European venture capital companies Delta Partners andGreencodewith participation from Vireo Ventures and leading industry angel investors.
Founded in 2022 by Leah O’Dwyer and Kevin Christopher who bring a combined 30 years’ experience in the EV space with global companies including ChargePoint, Siemens & ABM, ZeroMission’s vision is to accelerate zero-emission vehicle adoption with smart and practical software solutions.
Fleet decarbonization is at the core of emission reduction strategies, and commercial fleet operators are facing regulatory and commercial pressure to transition quickly to EV’s. Since its inception ZeroMission has been at the forefront of fleet electrification through development of a fully integrated software platform, designed to ensure commercial and industrial fleets can efficiently deploy and manage EV’s at scale.
The company is already providing transit bus operators in California and leading US technology companies operating electric vehicles for employee commuter services with the tools they need. The platform provides single sign-on, real-time, on-the-ground visibility into vehicles, charging stations and scheduling systems, optimizes energy usage and costs, and streamlines daily operations for mission success using Electric Vehicles. With this new investment, the company has plans to enhance product development as well as expand its commercial reach.
On announcing the investment, Founder and CEO Leah O’Dwyer said “Our fleet operator clients use ZeroMission as a single platform wherever they are on the journey to transition to electric vehicles. While of the majority of existing fleet operators plan to continue electrifying their fleets, we know that more than 80% are curtailed by an absence of integrated systems to manage daily operations and smart tools to plan and transition their fleets. These missing parts are what we provide for our customers and today’s announcement will enable us to expand our client base significantly.”
Terhi Vapola, Managing Partner and Co-Founder of Greencode Ventures said: “We are impressed by the deep industry expertise of the team and the innovative approach of ZeroMission. This enables the company to offer an outstanding end-to-end solution in heavy vehicle fleet management, encompassing planning, operation, and reporting, with seamless integration to other fleet stakeholders.”
Amy Neale, General Partner at Delta Partners said:“The ZeroMission team are building the most comprehensive and integrated EV operating system for commercial fleets, based on true industry insights and access. At Delta, we’re thrilled to be going on this journey with them, tackling an immediate and urgent industry need.”
About ZeroMission
ZeroMission’s senior team has been in a wide range of roles, always at the forefront of the electric vehicle industry. Today, with over 15 years of real-world electric vehicle experience, we work closely with fleet customers and industry stakeholders to deliver projects for all vehicle types, operational scenarios and charging technologies, including AC, distributed DC, Pantograph, and Megawatt charging. Our vision is to accelerate the adoption of zero emission vehicles through smart and practical software solutions, ensuring successful day-to-day zero emission fleet operations. Our experienced team has pioneered innovative technology, projects, and business models from concept to deployment for all Electric Vehicles, including passenger cars and heavy-duty trucks and buses. Our understanding of the industry is unparalleled.
Greencode Ventures is a pan-European VC firm specialising in green transition with rapidly scaling digital solutions that create impact within this decade. Greencode started in 2023 and is based in Finland,Germany and Sweden. The female founding partners are industrial transformist Kaisa Hietala and green energy venture investors Terhi Vapola and Ines Bergmann-Nolting.
Delta Partners is a venture capital firm that invests in early stage startups in Ireland. For over 30 years Delta Partners has been supporting entrepreneurs to build great businesses. Having invested in over 140 companies with exits generating €1.8B, Delta has a track record of investment performance, with LPs including Bank of Ireland, Enterprise Ireland and Fexco, as well as the family offices of successful Irish technology entrepreneurs. Today, the Delta team are investing in early stage Irish companies across a range of sectors.
For more information, email info@zeromission.io.
ZeroMission’s announcement was published in the following:
