Electric Miles, an intelligent ‘Internet of Energy’ platform, has raised nearly £800k of seed funding, including funding from uSwitch founder Vipul Amin. 

The Electric Miles app helps electric vehicle drivers save money and reduce their carbon footprint with an intelligent and reliable way to charge their vehicle

The startup firm’s technology provides electric vehicle drivers with a smart charging service, enabling them to charge their vehicles with cheaper and greener energy whilst also providing a demand flexibility service to the grid. 

Its initial funding round has seen uSwitch’s Vipul Amin come onboard with investment of £250k, bringing extensive experience in the energy technology innovation space as a founding member of uSwitch, owner of a leading energy technology business MyUtilityGenius and co-owner of Kelkoo Group that operates across Europe.  

Vipul Amin said: “Energy costs have been escalating in recent months and using the Electric Miles innovative smart charging solution is one way by which electric vehicle drivers are able to save up to 40% off their electricity costs.”  

Other lead parties in the initial round are Low Carbon Innovation Fund and Blue Lake VC, along with international angel investors. 

Arun Anand, founder and CEO of Electric Miles, commented: “We’ll use this new investment to build the team to drive product capability, platform expansion and innovation in our grid demand flexibility service. Our patent-pending solution will cover the entire spectrum of EV smart charging right from installation using Installer Miles for easy commissioning, to Admin Miles for support and remote diagnostic, to Electric Miles for an intelligent driver’s app and finally to Flexibility Miles for EV charging to take part in grid flexibility to manage the peak demand. We are committed to work towards UK Net Zero ambition.” 

Plans for the next two years will see Electric Miles scale its user base to 100,000, as well as doubling the size of the team to position for expansion to US and Europe in 2023.  

Electric Miles’ total investment now stands at £1m, with plans to raise a further round of financing in 2023.