REPS
Develops technology that converts energy from road traffic into electricity for use as an alternative power source.
Overview
REPS is an Austrian energy startup building systems designed to turn road traffic into electricity. Its approach targets road infrastructure as a potential distributed power source, positioning vehicle movement as an input for clean energy generation. The company raised an undisclosed round reported at about $23.6 million, with total funding listed at $24 million. The financing supports a non-AI deep tech model focused on energy generation rather than software automation.
Funding History
A new source of energy? Austrian startup REPS nabs $23.6M to turn road traffic into electricity
Frequently Asked Questions
- How much has REPS raised in total?
- REPS has raised a total of $24M across 1 funding round.
- Who are REPS's investors?
- REPS's investors include Undisclosed.
- What does REPS do?
- REPS is an Austrian energy startup building systems designed to turn road traffic into electricity. Its approach targets road infrastructure as a potential distributed power source, positioning vehicle movement as an input for clean energy generation. The company raised an undisclosed round reported at about $23.6 million, with total funding listed at $24 million. The financing supports a non-AI deep tech model focused on energy generation rather than software automation.
- Where is REPS headquartered?
- REPS is headquartered in Austria.
Investors
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