Clean tech giant Kraken acquires Netherlands-based Jedlix
Jedlix joins Kraken with deep expertise in smart EV charging solutions and API agreements with a wide range of partners
Acquisition enhances Kraken’s position as the leading enabler of flexible demand management for utilities
Deal unlocks cheaper, cleaner energy for EV drivers
Rotterdam – 21st October 2024 – Kraken, the AI-powered, end-to-end platform for utility digitalisation, has acquired Jedlix, a leading Rotterdam-based provider of smart EV charging solutions.
Jedlix specialises in smart and bi-directional charging solutions. The company brings an international catalogue of API integration agreements with EV and charger manufacturers and energy companies including Renault, Polestar, Kia, Hyundai, Engie, Eneco, Vattenfall, EDF Luminus, Wien Energie, CKW, Next Energy, Yve, Easee, Zaptec, Go-E, Wallbox, and more.
These agreements enhance Kraken's position as the leading enabler of flexible demand management for utilities. Kraken enables its global client base to develop smart tariffs for a wider range of EV drivers. The client base includes major global energy players such as E.ON Next, EDF Energy UK, Tokyo Gas, Origin and Octopus Energy.
Kraken uses advanced machine learning to monitor the grid in real-time. The platform then automates EV charging schedules, enabling consumers to charge their cars with cheap, green energy, and sell back to the grid to support during peak periods. This saves drivers an average of £600 a year compared to a standard variable tariff and over £1,600 compared to a petrol car. This brings down bills for everyone, as it helps balance the entire energy system.
Kraken will welcome Jedlix’ skilled team, their technology and market-leading expertise in charging-control integrations. The Jedlix premises in Rotterdam will be redeveloped as a Kraken technology hub. This follows the opening of the UK’s first EnTech superhub in Manchester earlier this year.
Devrim Celal, Kraken’s Chief Marketing & Flexibility Officer, says: “Kraken is putting its foot on the accelerator of the EV revolution. The Jedlix team’s proven expertise and development center in Rotterdam expand our offering and empower our customers to transition to cheaper, cleaner charging.”
Serge Subiron, CEO of Jedlix, adds: “Since 2016, Jedlix has been a pioneer in consumer-centric smart and bidirectional EV charging services, aggregating today tens of thousands of electric vehicles and chargers in nine European countries. We are extremely proud to join The global tech leader of the energy transition, and such an amazing team! Our mission as Jedlix was to enable zero emission and zero cost charging for millions of electric vehicles across all continents. Expanding it to all distributed energy resources in the home at the scale of Kraken is an exciting ambition for the new super-charged team of Kraken in the Netherlands!
About Kraken
Kraken is the world’s only proven, end-to-end platform for utilities’ digitalization and transformation, trusted by global energy giants like EDF Energy, E.ON Next, Octopus Energy, Origin and Tokyo Gas.
Headquartered in London and New York, Kraken manages over 50 million accounts, over 40 GW of power – from off-shore wind to grid-scale batteries – and over 250,000 consumer devices such as electric cars and charging stations.
The platform’s advanced data, AI and machine learning capabilities automate much of the energy supply chain to allow outstanding service and efficiency. These advances have redefined the utilities sector, driving a 30-fold increase in new product innovations for partners, top consumer rankings and hundreds of millions of dollars in operational savings.
Kraken’s cloud-based architecture is uniquely adaptable and scalable, proven by an unparalleled track record in seamless, extremely fast on-time migrations and enabling its successful expansion into water and other verticals.
About Jedlix
Jedlix, headquartered in Rotterdam, the Netherlands, provides branded smart and bi-directional charging solutions to optimize the charging of electric vehicles. Jedlix teams up with energy companies, CPOs, car and charger manufacturers to reduce the total cost of ownership of Electric Vehicles, to monetize the flexibility of their charging process on markets, and to optimize the use of renewable energy.
Jedlix supports both car-centric (over the air based on the connected car) and charger centric (OCPI / API) smart charging architectures and has been a pioneer in developing these technologies.
Jedlix was the first company to provide TSO balancing services from EV smart charging on a commercial scale. The Jedlix platform already supports over 60K cars and chargers today.
Jedlix was previously backed by Renault, Osaka Gas and Skagerak Energi.
