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Electric Era

Category: AI in Climate / Energy

Electric Era provides AI-powered, battery-backed EV fast charging for retailers and CoPower grid-augmentation capacity for AI data centers. Electric Era was founded in 2019. The company is led by Quincy Lee. Based in Seattle, USA. Team size: 51-200. Total funding raised: $42.6M. Latest round: Grant. Key investors include HSBC Asset Management, SQM Lithium Ventures, Blackhorn Ventures, Proeza Ventures, Chevron Technology Ventures.

Founded
2019
Headquarters
Seattle, USA
Team size
51-200
Total funding
$42.6M

Value proposition

Deliver battery-backed, AI-controlled power infrastructure that unlocks EV fast charging for retailers and flexible capacity for data centers in months—without waiting years for grid upgrades.

Products and solutions

RE400 / RetailEdge EV fast charging, HaloAI AI-powered charging assistant, Base Station, CoPower Platform (data center power capacity-as-a-service), Command Console, Energy Intelligence Platform, Retail Media Network, Loyalty Program Experiences

Unique value

Battery storage + AI energy management avoids costly grid upgrades for retail EV charging and now augments data-center grid limits (CoPower). HaloAI delivers on-charger concierge experiences for drivers/retailers.

Target customer

Convenience stores, gas stations, fuel/travel retailers, grocery and big-box retail; also neocloud and edge AI data centers (via CoPower).

Industries served

Automotive, Retail, Energy, Data Centers

Technology advantage

The PowerNode™ system is an AI-driven, high-power battery storage system that intelligently manages power to and from the grid. This allows for fast charging even in locations with grid constraints, significantly reducing installation time and cost.

How they differentiate

Electric Era's key differentiator is its PowerNode™ technology, a battery-integrated, AI-powered fast charging system. This allows for rapid deployment (in as little as 16 weeks) and reduces strain on the electrical grid. By using battery storage, it minimizes expensive demand charges for site hosts, making the economics of fast charging more attractive. Their system is designed as a turnkey solution, including installation and maintenance.

Main competitors

ChargePoint, EVgo, Electrify America

Key partnerships

Chevron Technology Ventures, Costco, Middle Tennessee Electric, Plaid Pantry, Skycharger, WEX, LG Energy Solution, McKinstry

Notable customers

Costco, Plaid Pantry, Love's Travel Stops, Space Age, Skycharger

Major milestones

Secured $11.5M in Series A funding led by HSBC Asset Management., Launched its flagship product, the PowerNode™, an AI-powered, battery-integrated EV fast charging station., Established a notable partnership with Costco to install charging stations at their retail locations., Received a strategic investment from Chevron Technology Ventures to help scale adoption., Completed 54-day DC fast charger installation at Costco in Florida - a new industry record., Raised $8.9M in debt financing (Aug 2025)., Launched HaloAI / RetailEdge, the first on-charger AI-powered charging assistant for retail., Awarded $5.05M in NEVI grant funding from Washington State DOT (Jan 2026)., Opened flagship RetailEdge charging station at new Seattle HQ., Partnered with WEX for fleet payment processing at retail charging sites (May 2026)., Launched CoPower Platform for AI/edge data center power capacity-as-a-service (May 2026).

Growth metrics

As of May 2026: ~30 active battery-backed deployment sites across ~15–16 U.S. states; GeekWire cites ~$30M investor capital plus substantial government grants supporting customer deployments.

Market positioning

Premium retail-first EV fast charging (RetailEdge/HaloAI) for c-stores, fuel/travel, and grocery—plus CoPower capacity-as-a-service for neocloud/edge AI data centers constrained by grid limits. Emphasizes battery-backed deployment speed, uptime, and retailer/data-center ROI.

Geographic focus

Primarily focused on the United States market.

Patents and IP

Information not publicly available.

About Quincy Lee

Former 7-year SpaceX engineer; roles included Manager of Starlink Gateways (global gateway antenna rollout), lead mechanical/structural test engineer, and mechanical engineer for automation.

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