{"id":709,"date":"2024-01-17T10:08:00","date_gmt":"2024-01-17T10:08:00","guid":{"rendered":"http:\/\/localhost:10109\/?p=709"},"modified":"2025-07-30T13:09:39","modified_gmt":"2025-07-30T13:09:39","slug":"ai-powered-battery-management-software-pioneer-eatron-technologies-secures-millions-in-new-funding-to-further-accelerate-its-global-growth","status":"publish","type":"post","link":"https:\/\/eatron.com\/ai-powered-battery-management-software-pioneer-eatron-technologies-secures-millions-in-new-funding-to-further-accelerate-its-global-growth\/","title":{"rendered":"AI-powered battery management software pioneer Eatron Technologies secures millions in new funding to further accelerate its global growth"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Eatron Technologies completes its new funding round, led by LG Technology Ventures with additional investment from MMC Ventures, 100<sup>th<\/sup> Year Venture Capital and the T\u00fcrkiye Development Fund (TDF)<\/li>\n\n\n\n<li>Double digit million dollar investment will enable Eatron to accelerate development of its AI-powered intelligent software platforms and extend its global presence<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/eatron.com\/wp-content\/uploads\/2025\/05\/Founders-w-Logo.png\" alt=\"\" class=\"wp-image-104326 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 940px; --smush-placeholder-aspect-ratio: 940\/788;\" \/><\/figure>\n\n\n\n<pre class=\"wp-block-verse\"><em>From left to right, the founders of Eatron Technologies, Can Kurtulus (CTO), Dr Umut Genc (CEO) and Amedeo Bianchimano (CCO).<\/em><br> <\/pre>\n\n\n\n<p><strong>17 January 2024<\/strong> \u2013 Eatron Technologies, a pioneering developer of AI-powered battery management software for the automotive industry, has completed its A2 Series Funding, with lead investment from LG Technology Ventures and further investment from MMC Ventures, which led Eatron\u2019s Series A.<\/p>\n\n\n\n<p>The funding, which joins additional investment from 100<sup>th<\/sup> Year Venture Capital and the T\u00fcrkiye Development Fund (TDF), comes at a time when the industry is undergoing a rapid transition to increasingly software-defined vehicles and batteries.<\/p>\n\n\n\n<p>This investment will enable Eatron to accelerate the development and deployment of new embedded and cloud-based features for its unique software platform. Eatron\u2019s portfolio encompasses AI-powered battery management systems spanning from the edge to the cloud, which enable global electric vehicle and battery manufacturers to deliver ever-greater innovation in the continuous optimisation of performance, efficiency and safety.<\/p>\n\n\n\n<p>It will also fuel an ambitious programme of global growth for the business\u2019s teams in both the UK and Turkey as Eatron extends its partnerships with other global companies that share its passion for technology and innovation in the automotive software space.<\/p>\n\n\n\n<p>The company\u2019s technology enables smarter battery management by implementing an intelligent software layer on top of existing battery controls platforms. Rapid deployment with significantly reduced cost, risk and time-to-market is possible through the easy to integrate edge-to-cloud offer making use of abstraction and a clearly articulated software architecture that considers intricacies of connected vehicle systems.<\/p>\n\n\n\n<p>\u201cSecuring funding in a difficult global financial market can be a challenge, so naturally we\u2019re delighted that our expertise and achievements have been recognised as we continue to lead the way in software-defined batteries,\u201d said Dr Umut Genc, founder and CEO of Eatron.<\/p>\n\n\n\n<p>\u201cIntelligent automotive software platforms, embedded at the edge and connected to the cloud, are crucial to the industry\u2019s transformation into a software-driven future, and our unique synthesis of functional safety, machine learning, advanced controls, connectivity and cloud analytics are already helping manufacturers and suppliers to develop connected vehicles faster, better, and ahead of their competition.\u201d<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>About Eatron Technologies<\/strong><\/h4>\n\n\n\n<p>Eatron is a fast-growing technology company dedicated to unlocking the full potential of batteries with intelligent software for all vehicle and battery manufacturers worldwide. Eatron develops AI-powered edge-to-cloud connected software platforms for better, safer, durable and greener batteries in automotive, mobility and beyond.<\/p>\n\n\n\n<p>More information is available at <a href=\"http:\/\/www.localhost:10109\">www.eatron.com<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>About LG Technology Ventures LLC<\/strong><\/h4>\n\n\n\n<p>LG Technology Ventures was established in 2018 and its team consists of experienced investors, entrepreneurs, technologists, and industry domain experts. Currently, LG Technology Ventures is managing over $780 million of fund assets and invests in early-stage start-ups in artificial intelligence, mobility, advanced materials, life-sciences, next generation display. We strive to create value for our portfolio companies by helping them develop strategic partnerships with LG Companies. LG Technology Ventures is the venture capital investment arm of the LG Group.<\/p>\n\n\n\n<p>More information is available at <a href=\"http:\/\/www.lgtechventures.com\">www.lgtechventures.com<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>About MMC Ventures<\/strong><\/h4>\n\n\n\n<p>MMC is a leading European venture capital firm with a focus on early stage transformative technology companies that utilise AI and data science across sectors including enterprise AI, fintech, cloud &amp; data infrastructure and data-driven health. Examples of companies MMC has backed include: Synthesia, Signal AI, Copper, Interactive Investor, Snowplow, Current Health, YuLife and Ably.<\/p>\n\n\n\n<p>Explore MMC\u2019s research and other actionable insights at mmc.vc.<\/p>\n\n\n\n<p><strong>About 100<sup>th<\/sup> Year Venture Capital<\/strong><\/p>\n\n\n\n<p>100th Year Venture Capital is the early-stage investment arm of Isbank, Turkey\u2019s first and largest private bank with an asset size of US$ 90 billion. Founded in 1924 with the mission of supporting new businesses and boosting the economy, Isbank continues to support the next generation entrepreneurs of the next century in its 100th year. 100th Year Venture Capital supports technology-driven global startups by adopting a sector-agnostic investment philosophy.<\/p>\n\n\n\n<p>To learn more, visit&nbsp; <a href=\"https:\/\/eur04.safelinks.protection.outlook.com\/?url=https%3A%2F%2F100yvc.com%2F&amp;data=05%7C02%7Canette.soyer%40eatron.com%7Cae5f5a67013845e4b1eb08dc169f5af2%7Cdc45cea873f9452f9ab4ad4800ef3797%7C0%7C0%7C638410120871392172%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=WjcJ4Jpr5mnrGPlrbd090JgrCDdqTELkITwRfqAzZI0%3D&amp;reserved=0\">https:\/\/100yvc.com\/<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>About T\u00fcrkiye Development Fund (TDF)<\/strong><\/h4>\n\n\n\n<p>The T\u00fcrkiye Development Fund (TDF), established in 2019 by the Development and Investment Bank of T\u00fcrkiye, is dedicated to investing in companies and funds that contribute to the sustainable development of T\u00fcrkiye. With a total committed capital of approximately TRY 2.2 billion, TDF operates through seven sub-funds. These sub-funds play a crucial role in supporting the growth of strategically important economic sectors and nurturing T\u00fcrkiye\u2019s emerging venture capital ecosystem.<\/p>\n\n\n\n<p>More information is available at <a href=\"https:\/\/eur04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.turkiyekalkinmafonu.com.tr%2Fen&amp;data=05%7C02%7Canette.soyer%40eatron.com%7Cdae3b7084ec74f2d5f4108dc1663ca15%7Cdc45cea873f9452f9ab4ad4800ef3797%7C0%7C0%7C638409865087572776%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=WuorIMecVp3SX2CpDuKrtScvOU%2FIbseR7q2m5vlMv5s%3D&amp;reserved=0\">https:\/\/www.turkiyekalkinmafonu.com.tr\/en<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From left to right, the founders of Eatron Technologies, Can Kurtulus (CTO), Dr Umut Genc (CEO) and Amedeo Bianchimano (CCO). 17 January 2024 \u2013 Eatron Technologies, a pioneering developer of AI-powered battery management software for the automotive industry, has completed its A2 Series Funding, with lead investment from LG Technology Ventures and further investment from &hellip; <a href=\"https:\/\/eatron.com\/ai-powered-battery-management-software-pioneer-eatron-technologies-secures-millions-in-new-funding-to-further-accelerate-its-global-growth\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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