We decided to invest in Tether EV because it addresses a key challenge in the energy transition: integrating electric vehicles as distributed storage to balance the power grid. Currently, grid stability heavily relies on fossil fuel power plants due to the intermittent nature of renewable energy sources.

Tether EV offers an innovative software-based solution, leveraging cloud-based AI and cloud-to-cloud connectivity with automotive manufacturers (OEMs) to optimize EV charging. Their technology enables dynamic charge management, reducing fossil fuel dependency and maximizing renewable energy utilization.

The founding team brings together expertise in renewable energy, mobility, and optimization software, ensuring the scalability of their solution. Their focus on integrating with vehicle manufacturers and grid operators strengthens their business model, with a growing market in Europe and ongoing pilot projects with major industry players.