Europe Energy Start-up Ecologics Tech Secures $125M Funding to Power Mobile Energy Solutions for Electric HGVs
As Europe races toward a net-zero future, one bold startup is addressing a critical gap in the continent’s clean transport ambitions. Ecologics Technologies, a cleantech innovator, is developing high-capacity mobile powerbanks tailored specifically for electric heavy goods vehicles (eHGVs). These cutting-edge mobile units aim to revolutionize how long-haul electric trucks are charged—bringing energy directly to the vehicles, rather than forcing fleets to rely on static infrastructure that is costly, time-consuming to build, and often impractical for heavy-duty logistics routes.
The company has reached a significant milestone by securing $125 million USD in funding to accelerate the development and initial deployment of its proprietary technology. This successful capital raise was facilitated under the strategic guidance of Peter Vanderslice, Partner at Quinlan Holdings UK, whose advisory expertise and guidance was instrumental in enabling Ecologics to obtain debt financing from Riedel Holding GmbH & Co. KG, a Family Office with a strong focus on sustainable infrastructure and energy transition technologies. This funding will be pivotal in advancing Ecologics’s engineering initiatives, launching pilot programs in collaboration with major logistics partners, and establishing the groundwork for a large-scale rollout across the European market.
"This funding is a game-changer for us," said Shahid Hamza, CEO of Ecologics Technology. "This has been more than six years in the making. What slowed us down wasn’t a lack of innovation or ambition, but rather the systemic challenges that early-stage deep-tech startups often face when trying to access capital."
Hamza emphasized that mission-driven, capital-intensive startups often face significant barriers when seeking funding through traditional financial channels. These ventures typically require substantial upfront investment and operate on extended development timelines, yet they lack the credit history, performance track record, or collateral that conventional investors and lenders expect. As a result, capital tends to flow toward established businesses with proven track records and lower perceived risk. This systemic bias makes it especially difficult for high-impact, long-cycle innovations to access the funding they need through traditional means, particularly in critical sectors such as climate tech, deep tech, and infrastructure. This challenge comes at a time when bold, transformative solutions are more urgently needed than ever.
He also expressed his sincere gratitude to Peter Vanderslice, acknowledging that his innovative and forward-thinking approach to financial structuring was crucial in unlocking this opportunity. “Peter’s extensive expertise in early-stage financing was integral to securing a transformative solution that overcame the longstanding barriers that had previously hindered our access to capital, thereby opening doors to funding opportunities that were once out of reach. His strategic acumen was instrumental in securing the critical funding necessary to advance our vision,” he said.
Ecologics’ solution comes at a critical time. While passenger EV infrastructure has expanded rapidly in recent years, the heavy vehicle sector has lagged behind, burdened by the size, cost, and technical complexity of fixed high-capacity chargers. With European Union regulations tightening around emissions, and more cities introducing low-emission zones that restrict diesel freight vehicles, the pressure on logistics companies to electrify their fleets is mounting. Yet many operators remain hesitant—chiefly due to concerns around charging infrastructure and operational limitations.
This is where Ecologics stands out. By offering a mobile, modular, and scalable charging solution, the solution enables fleet operators to adopt electric trucks without being tethered to the limitations of static infrastructure. The environmental benefits are equally compelling: by supporting the widespread adoption of eHGVs, Ecologics contributes directly to the EU’s climate targets, helping slash emissions in one of the hardest-to-decarbonize sectors. Moreover, the mobile units themselves are designed with circularity in mind, allowing for modular upgrades, redeployment, and end-of-life recycling.
With over 200,000 electric trucks projected to be on European roads by 2030, the market opportunity for flexible charging solutions is enormous. Ecologic is well-positioned to meet this demand, not only by supplying mobile units but potentially offering fleet-as-a-service models, cross-border roaming support for pan-European logistics, and eventually energy services like grid balancing and vehicle-to-grid integration.
While challenges such as battery sourcing, regulatory barriers, and competition from established infrastructure providers remain, Ecologics Tech’s early success in attracting significant investment underscores the market's confidence in its vision. With a solution that directly addresses the operational hurdles of electric freight, this pioneering startup is setting the stage for a comprehensive transformation in how heavy goods vehicles are powered.
Ecologics Vision is not just building mobile chargers," Hamza said. "Our goal is to redefine the future of logistics by making sure the power that drives both economic progress and environmental impact moves with the vehicles themselves.