About

ENEXAN is an innovative start-up that develops solutions for Smart Charging of Electric Vehicles (EVs) using Artificial Intelligence (AI). ENEXAN develops the next generation of EV Charging that will be capable of serving multiple EVs at the same time. Through their innovative design and advanced AI-enabled energy management, ENEXAN EV charging solution boosts satisfaction by adapting charging to customers schedules and eliminating waiting times on site. Comparing to a conventional charging station with comparable equipment costs, the ENEXAN designed and operated charging station comes with considerable increase on revenues. ENEXAN focuses on capturing the market of customized services to EV fleets (e.g. taxi stands, airports’ parking, hotels). The ENEXAN team comprises of engineers with high expertise on AI-enabled systems and working experience in high-tech firms, business and project development partners, and a strong advisory board with top academics and financial consultants. ENEXAN promotes “Intelligence over Equipment” as its business and technological vision for the future of sustainable transportation.

Solution & Product

ENEXAN's mission is to use Energy Intelligence, instead of more equipment, to deliver superior results with less environmental impact. ENEXAN develops “EV Charging Networks” that serve multiple clients simultaneously. ENEXAN’s charging network is empowered by its advanced energy management system that uses Artificial Intelligence (AI) algorithms to predict the charging behaviour of EV drivers. This behaviour is anticipated before their arrival at the charging space and it is constantly updated during their stay. The AI predictions can be supplemented with direct input or via a mobile app from the drivers. We employ Fast Optimization Techniques to schedule the delivery of energy among 10s, 100s or 1000s of Electrical Vehicles. We have designed a smart-hardware system (patent - filed) that is modular, reconfigurable, very economic and allows charging many vehicles from one or more existing (expensive) Fast-Charger.

Innovation & Scalability

ENEXAN provides an innovative Fast EV Charging solution utilizing a proprietary modular and low-cost system called "ENEXAN Box". ENEXAN's system allows for multiple fast EV-Chargers to connect into a network and supply charging power to multiple charging points which can be easily extended. We have already filed two patents (pending) to protect our technological solution. The competitive advantage of the ENEXAN charging network is the capacity to increase extensively the utilization rate of the expensive to install "Fast EV-Chargers". This way the investment into a Fast-EV charging system becomes very attractive financially for our customers while it allows them to provide EV charging points at a very large number of their parking spaces compared to other solutions. ENEXAN's technology allows for dynamic pricing and prioritization of EVs using an intelligent Back-End that forecasts and prioritizes usage while balancing energy flows. An advantage specific to the market of EV charging, is that with our technology the requirement for expensive infrastructure upgrades (Power Network Connection) is eliminated or minimized compared to the competition. Our unique value proposition lies on the capacity to provide "Fast EV charging" at a low cost in locations that this was not considered financially feasible before such as large Parking Spaces, Airport Parking, Hotels, Taxi Stands and Car Rental Agencies, at a large number of parking spots in a financially viable way.

Traction & achievements

Our team has started developing ENEXAN products and business since October 2020. Important ENEXAN milestones include: - Filed two patents that protect our innovative solution both in the land-based and off-shore sector - Finalized a Proof-of-Concept (PoC) that demonstrates basic functionality and capabilities - Software Version Alpha along with Station Simulation and Design tool have been developed, tested and finalized. - Established business partnership with a Norwegian representative. - In discussion for three demonstration stations (pilot projects) in Greece, Switzerland and Norway

Team & Why Us

- Ioannis Lymperopoulos. Chief Executive Officer Ioannis holds a PhD on Computational Methods and Optimization from ETH Zurich and has been working in advanced AI systems in EPFL and ABB Future Labs. He is leading business and execution. -Georgios Darivianakis. Chief Technology Officer Georgios holds a PhD on Data-Driven Decision Making from ETH Zurich and has been working in smart energy systems in ABB Corporate Research Center. He is leading innovation and technology development. - Nasos Vasileiou. Head of Business Development Nasos is a Deree College business graduate experienced in managing R&D projects and business development. He is responsible for identifying business partners and integrating our solution to their systems. -Antonios Tzinevrakis. Head of Project Development Antonios holds a PhD in Power Systems from the University of Patras and is an experienced contractor and developer in energy projects. He is responsible for technical deployment of the ENEXAN system. Our team combines research, business and project management backgrounds with a heavy involvement in the energy sector.

Funding Needs

ENEXAN is self-funded and has reached break even. ENEXAN is partnering with institutional investors.