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Electra Wins Audience Prize at WMF 2025 for Advancing Battery Intelligence with AI

2025-06-09  |  12:55:05
Electra Wins Audience Prize

Electra Wins Audience Prize

WMF Selected Startups on the Main Stage

WMF Selected Startups on the Main Stage

BOSTON, MA, UNITED STATES, June 9, 2025 /EINPresswire.com/ -- Electra, the Boston-based company leader in AI-driven battery intelligence, has been awarded the Audience Prize at WMF - We Make Future 2025, Italy’s largest innovation and technology festival. Selected as one of six international finalists from thousands of applicants, Electra presented on the event’s Mainstage in front of more than 5,000 attendees and a global audience from over 90 countries.

During the high-stakes startup competition, Electra’s CMO Giovanni Rossi delivered a three-minute pitch focused on one of the most pressing challenges of the energy transition: making battery systems more intelligent, reliable, and efficient.

“As solar and wind become central to global energy production, the role of batteries in storing and delivering energy at the right time is more critical than ever,” said Giovanni Rossi during his pitch. "However, today’s systems suffer from limited monetization potential, unpredictable failures, and slow innovation cycles".

Electra tackles today’s battery system challenges with two proprietary software platforms. EnPower is a digital twin solution that accelerates the design, testing, and integration of advanced battery systems, while EVE-Ai is a real-time engine that continuously monitors, optimizes, and controls battery performance. Together, they empower manufacturers and operators to cut development time and costs, predict faults up to three months in advance, extend battery lifespan up to 40%, enhance safety and reliability, and unlock new revenue opportunities (up to a 15% annual increase in ROI). Fully chemistry-agnostic, the system supports a wide range of applications, from electric vehicles to e-mobility to grid-scale energy storage (BESS).

Electra’s offering stands out in a fragmented battery software market by combining modeling, analytics, and control in a unified platform. The Volta Foundation also recognized the company as one of the few global leaders at the intersection of AI and battery technology.

Founded in Boston by Fabrizio Martini, a former NASA engineer, Electra now operates across the United States, Europe, India, and South Korea. Following a successful $21 million Series A, the company is now scaling its international presence and fast-tracking product innovation to support the next phase of growth.

Electra shared the WMF 2025 stage with five other finalist startups: Invigilo AI, ALBA Robot, Helix Carbon, CircularPlace, and AndromedAI. The event was hosted by Veronica Maffei and Tiarne Hawkins, and organized by Search On Media Group.
The pitch is available to watch here on YouTube.


About Electra Vehicles
Electra Vehicles is the leading AI-driven cleantech and B2B software company dedicated to unlocking the full potential of battery technology. Our mission is to drive society forward by powering a sustainable, electric future. We deliver cutting-edge AI/ML-enabled solutions and advanced data analytics to Automotive OEMs, Tier 1 Suppliers, Battery Manufacturers, Fleet Operators, and BESS Operators. By transforming battery performance, safety, and efficiency, we empower key stakeholders to lead the transition toward a cleaner, electrified world.

Giovanni Rossi
Electra Vehicles
+1 617-741-8736
grossi@electravehicles.com

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EIN Newswire BRAK ZDJĘCIA
2025-08-18 | 22:55:06

CASA and The Hope Center at Pullen Develop Affordable Housing for Emerging Adults Aging Out of Foster Care

Hope Village at Method construction underwayPartnership opens door to this first-of-its-kind Raleigh projectThe Hope Village at Method will provide young adults aging out of foster care with a support system they can lean on – one that will help them establish a strong, dependable foundation for adulthood.”— NC Representative Deborah RossRALEIGH, NC, UNITED STATES, August 18, 2025 /EINPresswire.com/ -- CASA and The Hope Center at Pullen have announced the completion and opening of Hope Village at Method, a first-of-its-kind permanent supportive housing community designed specifically for emerging adults aging out of foster care.The nine-unit development, located in Raleigh, combines CASA’s affordable housing expertise with The Hope Center’s comprehensive support model for children in and aging out of foster care. It is the first CASA NC property built exclusively in partnership with a single referral agency.Nationally, 43% of youth who age out of foster care report experiencing homelessness by age 21, often more than once. Hope Village at Method aims to disrupt that trajectory by offering both stability and a pathway to self-sufficiency.“The Hope Village at Method will provide young adults aging out of foster care with a support system they can lean on – one that will help them establish a strong, dependable foundation for adulthood,” said Congresswoman Deborah Ross. “It’s significant that these apartments are located in the Method community – an area of Raleigh that has historically stood as a beacon of hope and resilience. I was honored to secure $1 million in federal funding to help bring this project to life, and I look forward to seeing the lives it will change.”Hope Village at Method provides remarkably affordable housing for emerging adults aging out of foster care, with residents paying 30% of their monthly income toward rent, supported by foster youth housing vouchers. All residents are current clients of The Hope Center at Pullen, which provides long-term support for those in the foster care system, offering services centered around education, employment, mental health, parenting, and life skills.CASA will own and manage the building, and a Hope Center at Pullen staff member will support community-building and peer connection as the live-in resident advisor. Residents will also have access to common outdoor space and ongoing case management through The Hope Center at Pullen’s transition program.Hope Village at Method was made possible through funding from U.S. Rep. Deborah Ross, the City of Raleigh, Wake County, and numerous foundations and individual donors. The site was originally a CASA-owned property that was rezoned and redeveloped into its current form beginning in 2023.The name “Hope Village at Method” was chosen by The Hope Center’s Youth Advisory Board, made up of current and former clients who helped shape the vision of the project.A ribbon-cutting celebration is scheduled for August 20th, with guests including city and county officials, donors, and community partners. Media are welcome to attend.
EIN Newswire BRAK ZDJĘCIA
2025-08-18 | 22:55:06

Saverglass Expands its Spirits Portfolio with Launch of the GOLDEN RESERVE Glass Bottle Collection

Saverglass Golden Reserve Bottle CollectionSaverglass LogoRelease highlights the company's expertise in sustainably designed and produced glass bottles reinforcing its commitment to offering uniquely shaped packaging FAIRFIELD, CA, UNITED
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2025-08-18 | 22:55:06

Join Rudy Rabbit’s Journey of Resilience in Elliott Gilbert’s 'Rudy Rabbit Tried'

Rudy Rabbit Tried by Elliott GilbertA captivating children’s tale that teaches young readers about courage, growth, and determination. TORONTO, ONTARIO, CANADA, August 18, 2025 /EINPresswire.com/ -- Rudy Rabbit Tried by Elliott Gilbert is a

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