[TechUkraine news] Meredot raised $350,000 in a seed round

Latvia-based startup founded by a Ukrainian Roman Bysko Meredot, developing wireless charging stations for electric scooters, has raised $350,000 in a seed round from Ukrainian Overkill Ventures and Oleksandr Kryvoruchko.
  • The funds will be used for further development of the product, the release of the first commercial versions of the product, and the first pilot projects.
  • Meredot is a mobility B2B infrastructure company for e-scooter operators that offers wireless vehicle charging stations and helps cities resolve efficiency, environmental, and safety issues to maximize the benefits of micro-mobility.
  • In 2019, Meredot secured a €50k grant for its innovative MePower wireless charging technology, which is a core component of the wireless charging station.
  • In 2020, Meredot raised funds from Overkill a €1.33 million valuation. The amount of the funding was not disclosed, but the VC firm usually invests up to €220,000.
  • Over the last six months, Meredot grew from developing a laboratory prototype to the construction of a commercial version of its wireless charging station for Bird, Lime, Bolt, and other e-scooter operators.
via AIN.UA