ROCSYS raises over €5M to scale up robotic EV charging technologies

ROCSYS has raised 6.3 million dollars (5.25 million Euros) in a round led by Forward.One: the money will be used to scale up activities throughout Europe and launch a North-American business unit. Field: robotic EV charging technologies.

The company, based in the Netherlands, has recently opened a cooperation with Grivix and VDL ETS addressed at the development of robotic fast charging for Heavy Duty Vehicles, being them e-buses or e-trucks.

In late 2020 the company entered in a partnership with Ebusco to develop a robot which would ensure that the CCS plug of the depot charger is plugged into the bus automatically and 100% correctly.

ROCSYS raises over 5 million euros for robotic EV charging

The entire investment is done by ROCSYS’ exisiting investors: Forward.One and Superangel. To date, ROCSYS says it has raised a total of $9 million (€7.5 million) since its founding in 2019, which includes additional funding by UNIIQ and grants.

Automation brings EV charging to the next level of reliability and performance. This is crucial to the success of EVs in large professional operations, for example operations depending on fleets. With the investment and support of our great investors, we will make that happen

Crijn Bouman, CEO of ROCSYS

ROCSYS mission is to support large vehicle OEMs in their electrification efforts. As the automotive world steadily moves towards self-parking and self-driving, automation of charging becomes inevitable for the globally installed base of EV chargers.

ROCSYS’ system leverages on patented soft-robotics technology and AI-based computer vision. Its products, the Dutch company says, «can automate existing fast chargers up to 350kW and MW-capable chargers in the near future, allowing electric vehicles of all types to be charged automatically within minutes. Together with a suite of site-automation services, remote support, and API integration, operators can move to truly unmanned charging operations. This unlocks unprecedented functionality, performance, and ROI of their charging- and EV assets, while simultaneously getting prepared for the era of self-parking and self-driving».

Robotic EV charging from development to serial adoption

“The coming period will be pivotal for our business. We will move from technology development and commercial pilots to serial deployment. We are ready for the future, and are very well positioned to engage the full market potential” said Crijn Bouman, CEO of ROCSYS. “Automation brings EV charging to the next level of reliability and performance. This is crucial to the success of EVs in large professional operations, for example operations depending on fleets. With the investment and support of our great investors, we will make that happen.”

“We have been supporting ROCSYS from the start with full confidence in its team, who have earned their credits in the EV and robotics space. They are working with the major players in the market, and are leading the development of the robotic charging ecosystem. They are really in the driver’s seat everywhere, including the international standardization committees about robotic charging” said Veljo Otsasson, partner at Superangel.

Frederik Gerner, partner at Forward.One, said: “We are truly impressed with the speed and professionalism of the ROCSYS team. Within record time, ROCSYS managed to bring very advanced technology to a marketable solution, while signing partnerships with several of the largest brands in the industry. The simplicity of their solution, using industry-standard vehicle connectors, makes it an obvious choice for major vehicle OEMs. This is why we decided to increase our stake, and to lead this second investment round.”