ADS-TEC Energy announces private investment from Svelland Capital

Battery-buffered, ultra-fast EV charging technology firm ADS-TEC Energy has announced the signing of a definitive agreement for a private investment by Svelland Capital, a distinguished and highly-ranked investment company in the energy sector. 

The successful completion of this private investment will strengthen ADS-TEC Energy's financial position and provide the company with increased flexibility to execute strategic initiatives and secure profitable opportunities, according to its latest media statement. 

ADS-TEC Energy develops and manufactures battery storage solutions and fast charging systems including their energy management systems. Its battery-based, fast charging technology enables electric vehicles to ultrafast charge even on low powered grids and features a very compact design.

"Svelland Capital has extensive experience, and we are proud that another expert investor is showing interest through a direct investment in ADS-TEC Energy," said Thomas Speidel, CEO, ADS-TEC Energy, who was also shortlisted in ETN Rising Stars of Emerging Tech 2023 list as a promising personality in the emerging field of clean energy technology at the global level. 

"Svelland Capital has achieved consistent high rankings over the years, and their commitment to sustainability is evident through their close collaboration with Bellona. We expect to realize several synergies and benefit from complementary expertise through this strategic collaboration", he added.

Svelland Capital's profound industry knowledge in the energy sector is expected to accelerating ADS-TEC Energy's growth and success. "We have full confidence that ADS-TEC Energy will maintain and strengthen its position as a technology leader in critical EV-charging infrastructure," said Tor Svelland, CEO, Svelland Capital.

"Electricity demand is surging, and the grid capacity is a bottleneck to growth. The need for storage capacity becomes crucial as we move from on-demand, centralized power production to renewables and decentralized power production. The ability to store and boost energy becomes vital and we believe that ADS-TEC Energy is an industry leader in terms of performance and capability", Svelland added.

Svelland Capital's investment is a testimony to ADS-TEC Energy's strategic progress and technological leadership in the field of decentralized battery buffered solutions. "Our 2023 fourth quarter is expected to be the strongest in the history of the company, both in terms of revenues and margins. We are confident this trajectory will continue throughout 2024," Speidel noted.