Fermata Energy

Fermata Energy

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$2.0m

Grant
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$3.9m

Series A

$2.5m

Seed
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$2.5m

Convertible
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$40.0m

Series B
Total Funding$50.9m

Recent News about Fermata Energy

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Fermata Energy is a pioneering company in the field of bidirectional electric vehicle (EV) charging technology. Founded in 2010 and based in Charlottesville, VA, Fermata Energy specializes in Vehicle-to-Grid (V2G), Vehicle-to-Building (V2B), and Vehicle-to-Home (V2H) solutions. The company’s core product is a bidirectional DC fast charging platform that allows energy stored in EV batteries to be discharged back to the grid, buildings, or homes. This technology helps utilities enhance grid resilience and integrate renewable energy resources more effectively.

Fermata Energy serves a diverse range of clients, including utilities, commercial fleet operators, and residential customers. The company operates in the renewable energy and electric vehicle markets, focusing on accelerating the energy transition through innovative technology.

The business model revolves around providing turnkey V2X (Vehicle-to-Everything) solutions that enable clients to earn revenue by sending stored energy back to the grid or reduce electricity costs by using stored energy during peak demand periods. Fermata Energy makes money through the sale and installation of its bidirectional charging systems, as well as through ongoing service and maintenance contracts.

Keywords: Bidirectional charging, V2G, V2B, V2H, grid resilience, renewable energy, EV batteries, peak demand, energy transition, turnkey solutions.

Tech stack

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