Oxygen Initiative
Global leader in intelligent electric vehicle charging infrastructure.
| Date | Investors | Amount | Round |
|---|---|---|---|
$3.0m | Seed | ||
| Total Funding | 000k | ||
Related Content
Founded in 2010 by Stephen G. Davis, Oxygen Initiative, formerly known as KnGrid, operates within the electric vehicle (EV) infrastructure market, specializing in intelligent charging solutions. The company is headquartered in Aliso Viejo, California, and provides a suite of e-mobility products and services to utilities, commercial clients, and residential customers.
Oxygen Initiative's core business revolves around the deployment of both stand-alone and wall-mounted EV charging stations. A key differentiator is the integration of Vehicle-Grid Integration (VGI) technology, which enables two-way communication between the EV and the power grid. This is facilitated by the company's pioneering of the world's first Demand Clearinghouse (DCH), a cloud-based data platform built upon the ISO 15118 standard. This platform allows utilities, transmission operators, and charging site hosts to communicate pricing and grid conditions to connected EVs, thereby enabling smart charging that can help balance the electrical grid. For individual EV drivers, the company offers an application-based solution to locate available charging points.
The company's business model is multifaceted, serving a diverse client base. For commercial entities, such as workplaces and multi-unit residential buildings, Oxygen Initiative provides turnkey EV charging solutions. This includes the installation and management of charging stations, which can serve as an amenity to attract tenants and customers. For utility companies, Oxygen Initiative offers solutions to manage the challenges posed by the mass adoption of EVs, including vendor management, reporting, and the integration of utility billing. A significant milestone for the company was its partnership with German energy firm innogy SE to introduce blockchain-based payment systems for EV charging in the United States through a platform called Share&Charge. The company has also been an active participant in regulatory discussions and demonstration projects, such as a project with the California Energy Commission at UC San Diego to deploy and test its ISO 15118-based charging stations.
Keywords: electric vehicle charging, vehicle-to-grid, V2G, smart charging, ISO 15118, Demand Clearinghouse, EV charging solutions, e-mobility, EV infrastructure, grid integration, charging station manufacturer, EV payment systems, blockchain EV charging, utility grid services, commercial EV charging, workplace charging, residential EV charging, Stephen G. Davis, KnGrid, clean technology