Knut Hechtfischer pitches Ubitricity

Ecosummit TV: Knut Hechtfischer pitches Ubitricity at ECO13 Berlin. The Berlin-based cleantech startup develops a cost-efficient charging solution for electric vehicles by putting the intelligence into the charging cable. This allows mobile metering wherever the user wants to buy electricity from. Recently, they became famous for integrating their solution in street lights. Up to now, Ubitricity raised €5.4M and is backed by Earlybird, IBB Beteiligungsgesellschaft and Heinz Dürr (largest shareholder of Dürr, former CEO of AEG and Deutsche Bahn). Founded in 2008, Ubitricity plans to launch Mobile Metering in 2014, just-in-time when new electric cars hit the market. Meet Knut at ECO13 London next week to get an update and learn about their high risk, high return investment opportunity. That’s what venture capital is all about, isn’t it?