PORTFOLIO
PORTFOLIO COMPANIES
NExT-e Solutions Inc. (Exited)
COMPANY PROFILE
NExT-eS contributes to the accelerated spread of e-mobility and the widespread adoption of renewable energy by their development of original advanced battery control technologies
NExT-eS provides next-generation battery management systems (BMS). The system offered by the company allows for second-hand lithium-ion batteries to be re-used easily. It also provides a battery monitoring service. The company aims to contribute to safety and reliability improvements in industrial lithium-ion battery systems by creating a practical next-generation BMS that reduces system loss. In particular, it hopes to contribute to the spread of new electric vehicles (NEVs) in China, the world's largest automotive market, and the spread of electric forklifts and autonomous carriers (AGVs) in Europe.
COMPANY STORY
Origin
Through UTEC's EIR (Entrepreneur in Residence) Program, an incubation program sponsored by UTEC, the founding team developed its business plan and first prototype BMS (Battery Management System) through NEDO’s grant program. Then, NExT-eS was incorporated in May 2008 with UTEC's seed investment and the team was built.
Strength
NExT-eS provides battery rental services to customers in both E-mobility and Energy Storage fields through their advanced IoT and AI-driven battery reuse business model.
UTEC’s value add
UTEC has been NExT-e's close partner since the company's inception, providing management and operational support. In addition to providing financial support, UTEC has been quick to identify global mega-trends and provide guidance for the company in the creation of innovative business models and capital and business alliances that leverage its strengths.
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Core-device
(Made in-house)
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Battery Life Cycle Management
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Case of Energy Storage
(Utilization of E-bus battery)
