EECOMOBILITY, a McMaster University’s Centre for Mechatronics and Hybrid Technology startup, has successfully secured seed funding from a global group of mission-aligned investors.
Specializing in Artificial Intelligence (AI), EECOMOBILITY has developed advanced testing and monitoring software tailored for the automotive, industrial, and manufacturing sectors. Their flagship product line, EECOPower, offers rapid battery cell and module testing and characterization systems for producing lithium-ion battery packs.
ECCOMOBILITY’s system uses advanced characterization techniques combined with a self-learning AI technology designed to detect and categorize/diagnose fault conditions and anomalies, designed for use in the production of lithium-ion battery cells and packs. These systems are transformative for the automotive industry, capable of detecting defective batteries that can cause fires and performance issues.
EECOMOBILITY systems are now installed in facilities operated by OEMs and battery manufacturers as the company rolls out its technology across the electric vehicle battery manufacturing and assembly industry.
Dr. Saeid Habibi, a full Professor, Tier I Canada Research Chair, and former Senior NSERC Industrial Research Chair founded the company. He’s the founding director of the Centre for Mechatronics and Hybrid Technologies and has previously served as the Chair of the Mechanical Engineering Department at McMaster University.
RiSC Capital led the seed funding with participation by Automotive Ventures, Emerson Ventures and a North American Original Equipment Manufacturer.
“RiSC Capital believes the shift to AI in electric vehicle battery testing provided by EECOMOBILITY’s platform is an excellent example of Canadian innovation. We are proud to lead this investment and believe the future is bright for EECOMOBILITY,” says RiSC Capital co-founder, Scott Pelton.
Filed Under: Technology News, Testing and Safety