Angel investors and early stage VCs interested in Cleantech –
By 2030, there will be 6 million EV batteries retiring from the road. Disposal is unsustainable and recycling is too expensive and not a viable option with this many batteries going out of service in the coming years.
SoCal startup ReJoule’s battery health diagnostics technology is making the EV industry rethink how to improve the economics of their batteries. Founders Steven Chung and Zora Chung have three projects pending final approval with two Top 10 automakers who will use ReJoule’s tech in their production vehicles and service centers. Combined, that’s over 4,000 dealership service centers in the US alone.
The team is raising a $500K round which will unlock an additional $500K in non dilutive grant funding. If you want to meet the team, get in touch with me. (They are also hiring.)