Tether
Tether builds AI that turns millions of parked EVs into the world’s largest battery
About Tether
Tether is a Barcelona-based climate-tech startup which has developed a solution to leverage electric vehicles (EVs) into grid-scale AI-coordinated battery assets. Tether’s technology learns the behavior of millions of private EVs to coordinate their charging patterns, turning these cars into the world's largest, and cleanest, distributed battery with capabilities to reinforce the power grid. This way, Tether significantly reduces CO2 output over the lifetime of a car. The company bids vehicle flexibility on balancing markets and earns extra revenue streams for partner OEMs and charge point operators, all while supporting grid stability with clean, distributed power.
Company Facts
- Headquarters
- Stockholm
- Operating Status
- active
- Funding Stage
- seed
- Total Funding
- $1,520,000
- Last Funding Type
- pre_seed
- Last Funding Date
- 2025-06-19
- Website
- tetherev.io
Industries & Categories
CleanTech, Electric Vehicle, Energy Storage, Renewable Energy, SaaS, Software
Social Links
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