Measurement instrumentation specialist Emerson has invested in EecoMobility, a start-up that focuses on cutting-edge battery testing and monitoring software for electric vehicles, energy storage systems and industrial applications. The investment was made through Emerson Ventures, the company’s corporate venture capital arm.
EecoMobility develops AI-powered software and rapid battery analysis systems to detect potential defects that could cause fires or performance problems. Its technology uses advanced characterization techniques and AI, making it versatile for testing individual cells, modules or entire battery packs. The software’s rigorously tested, self-learning algorithms are said to provide high-speed, accurate results, easy customization and rapid deployment.
“EecoMobility’s AI-driven software for fault detection and battery testing aligns with Emerson’s acquisition of NI and growing leadership in test and measurement technologies and expertise across the automotive sector,” said Thurston Cromwell, head of Emerson Ventures and vice president of development and innovation at Emerson.
“Our experience in high-volume battery production testing will help accelerate EecoMobility’s product development and market reach, especially in the automotive, energy storage and industrial technology sectors.”
“With this investment from Emerson Ventures and anticipated collaboration with Emerson’s test and measurement business, EecoMobility will be better positioned to transform transportation electrification,” said Dr Saeid Habibi, chief executive officer of EecoMobility.
“Given Emerson’s leadership in automation and commitment to sustainability, we are confident their support will help us expand the development and applications of our EecoPower technology, enable strategic partnerships and accelerate our growth.”
Emerson Ventures will co-invest with Automotive Ventures, RISC Capital and a North American OEM.
