Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

‘EV Health Checker’ creator ClearWatt reaches £200,000 fundraising target with latest investment from Prova

by May 22, 2024
May 22, 2024
‘EV Health Checker’ creator ClearWatt reaches £200,000 fundraising target with latest investment from Prova

Software company ClearWatt provides transparency to the second-hand electric car market by measuring and certifying EV battery health. Its EV Health Checker app provides consumers and dealers with critical information needed to make more informed purchase decisions.

As part of its latest funding round, Prova Investments took an equity stake in ClearWatt, adding the software company to its growing European portfolio of early-stage businesses operating at the forefront of cleantech, sustainability and the circular economy,

Prova’s investment pushes ClearWatt’s latest fundraising past its £200,000 target. Existing funders include the Department for Transport (DfT), the Office for Zero Emissions Vehicles (OZEV) and the Department for Business, Energy & Industrial Strategy (BEIS).

Patrick Cresswell, co-founder and managing director of ClearWatt, commented: “By using mobile telematics to collect driving data and measure key battery indicators, our self-service mobile app measures and certifies EV battery health. This offers buyers the confidence that their EV has the range and longevity that they’d expect.

“We are on a mission to revolutionise the second-hand EV marketplace by providing clarity, reassurance and certainty for consumers. With the team’s proven expertise across future mobility and clean technology, we’re delighted that Prova Investments has decided to join us on the next chapter of our growth journey.”

Richard Postins, founder of Prova Investments, added: “At Prova Investments, we see the critical importance of used EVs in supporting the UK’s transition to electrification, and ClearWatt provides buyers with the clarity and confidence they need to make the switch to electric.

“This investment fits in perfectly with our strategy to help tomorrow’s future mobility, circular economy and clean technology businesses to scale and grow. We’re excited to be supporting ClearWatt as the business continues to disrupt the used EV market.”

Read more:
‘EV Health Checker’ creator ClearWatt reaches £200,000 fundraising target with latest investment from Prova

0
FacebookTwitterGoogle +Pinterest
previous post
University Joins £3m Campaign to Drive Midlands Economic Growth
next post
To Eliminate Underground Markets, Tax and Regulate Less

You may also like

Yubo’s Innovative Age-Verification System Will Enhance Users’ Social...

August 15, 2022

OpenSolar raises $15M to expand its software Platform...

February 2, 2023

How entrepreneurs can improve customer communication

February 8, 2024

Barclays Suspends Festival Sponsorship Amid Protests

June 16, 2024

Sweatband.com founder Maz Darvish exits to launch AI-technology company, CognitionHub

September 14, 2023

LVMH to cut 10% of Moët Hennessy staff...

May 2, 2025

Over half of boardroom leaders fear AI is...

May 29, 2024

Afro Hair Transplant in Turkey: A Popular New...

May 20, 2025

Wholesale gas prices fall as Europe’s plan to...

September 1, 2022

Record surge in job applications as UK vacancies...

December 16, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved