$3.5m funding to help Go Eve with US expansion plans

Go Eve, an Irish/UK EV charging technology company, is raising $3.5m in funding following the certification of ‘DockChain,’ its patented “daisy chain” DC fast charging system, to the UL 2202 (ETL) standard for the North American (US and Canada) market.

With UL 2202 certification (ETL) secured and production of the DockChain fast-charging system underway in Dearborn, Michigan with local partner Goodwill Integrated Solutions, Go Eve is now positioned to accelerate adoption across fleets, workplaces, and public charging environments in North America.

Go Eve, a joint University College Dublin (UCD) and Imperial College London spin-out company, is raising the new funding to support its North American growth strategy.

DockChain is a patented hardware-and-software system that uses a “daisy-chain” architecture to turn a single DC fast (Level 3) charger into a scalable network of multiple charging points, significantly cutting infrastructure costs while transforming the driver experience.

“Certification to North American electrical standards is a pivotal milestone for Go Eve and DockChain,” said Hugh Sheehy, CEO, Go Eve. Business Bulletin

“This certification further opens the door to a major global opportunity and to seize it fully, Go Eve is raising $3.5m in additional capital before year-end, ensuring we have the investment and resources to scale rapidly and deliver on the demand.”

He added, “DockChain rewrites the economics of DC fast charging, enabling more parking bays to access rapid charging from a single power source.

“That means drivers spend less time waiting, and operators can deploy infrastructure faster and at lower cost.

“With certification to the UL 2202 standard and production now in place in the US, we’re moving from small deployments to scaling across North America.

“Integration is seamless, we’re already working with top DC charger brands and expanding our distribution and installer network to meet growing fleet demand, including partnerships with Uptime, Mid Cour, and the Merlin Group, which connects us with major last-mile operators.”

DockChain removes the access queue and makes waiting to plug in a thing of the past.

Its intelligent, proprietary software enables operators to prioritize and optimize charging across multiple bays, whether accelerating turnaround for fleets, maximizing throughput, or delivering the smoothest experience for drivers.

By allowing many more parking bays to access DC fast charging from a single power source, DockChain reduces queuing and eliminates constant vehicle shuffling.

At scale, the total installed cost of DockChain can rival slow Level 2 solutions while delivering DC performance.

Sheehy concluded, “Thanks to our manufacturing partner, Goodwill Integrated Solutions, we’re ready to deliver at scale.

Go Eve is raising the new funding to support its North American growth strategy.

“Certification clears the way for large-scale adoption and gives our customers complete confidence as they electrify their fleets, workplaces, and parking facilities.”

Go Eve is headquartered at NovaUCD in Dublin with offices in the UK and in the US.

Photo: Hugh Sheehy, CEO and co-founder, Go Eve Ltd, a joint University College Dublin and Imperial College London start-up. Photograph Nick Bradshaw
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