
Adgero
Kinetic Energy Recovery for Trucks.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
$100k | Seed | ||
Total Funding | 000k |
EUR | 2016 | 2023 | 2024 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Adgero is a cleantech company operating in the alternative energy equipment industry, focused on reducing fuel consumption and emissions for the road haulage sector. Founded in 2014 by Mack Murray, who also serves as the company's President, Adgero has corporate offices in both Strasbourg, France, and Gosport, United Kingdom. Some sources also list a 2017 founding date and additional co-founders: Gines Linares, Frederic Soulier, and Jean-Pierre Hannebert.
The company's core business revolves around the development and deployment of a retrofittable Kinetic Energy Recovery System (KERS) for heavy-duty trucks and semi-trailers. This system, marketed as the UltraBoost ST, captures kinetic energy that is normally lost as heat during braking. The recovered energy is stored in a bank of high-power, graphene-based ultracapacitors and is then redeployed to assist in acceleration. This process can reduce fuel consumption and carbon dioxide emissions by an estimated 15% to 25%, depending on the terrain and driving conditions. Adgero's business model targets commercial vehicle fleet operators and logistics companies, offering them a solution to lower operational costs and enhance environmental sustainability.
The KERS product is engineered for ease of installation on existing vehicles without requiring permanent chassis modifications, thereby preserving the vehicle's residual value. It consists of an electrically-driven axle mounted under the trailer, the ultracapacitor bank, and an intelligent management system that wirelessly monitors driver input to automate the energy recovery and boost functions. A key partner in this technology is Skeleton Technologies, the exclusive supplier of the graphene ultracapacitors. Adgero has engaged in significant partnerships to test and deploy its system, including road trials with major logistics company Eddie Stobart and a supply agreement with commercial vehicle fleet services company Fraikin. The company has secured patents for its technology and is expanding its intellectual property to include GPS-based predictive powertrain control. Adgero has received funding from various institutional investors, including Shackleton Ventures, Expert DOJO, and Dan Lok Ventures.
Keywords: kinetic energy recovery system, KERS, regenerative braking, heavy-duty trucks, semi-trailers, cleantech, fuel efficiency, carbon emissions reduction, ultracapacitors, fleet management, logistics technology, automotive hybrid systems, sustainable transport, Mack Murray, Adgero, alternative energy equipment, vehicle hybridization, powertrain technology, energy storage, transport innovation