FundedIQ
Energy

Tether

Tether, a climate-tech startup based in Barcelona, has created a solution that transforms electric vehicles (EVs) into a massive AI-coordinated battery system for the grid. By analyzing the charging habits of millions of private EVs, Tether turns these cars into a clean distributed battery, reducing CO2 emissions over the lifespan of each vehicle. This technology allows Tether to bid vehicle flexibility in balancing markets, generating additional revenue for partner OEMs and charge point operators, all while helping to maintain grid stability with clean power sources.

tetherev.io Stockholm, Sweden 11-50 employees
Total raised
$1.5M
Rounds
1
Latest
Pre-Seed
Jun 2025

Tether, a climate-tech startup based in Barcelona, has created a solution that transforms electric vehicles (EVs) into a massive AI-coordinated battery system for the grid. By analyzing the charging habits of millions of private EVs, Tether turns these cars into a clean distributed battery, reducing CO2 emissions over the lifespan of each vehicle. This technology allows Tether to bid vehicle flexibility in balancing markets, generating additional revenue for partner OEMs and charge point operators, all while helping to maintain grid stability with clean power sources.

Tether has raised $1.5M across 1 round. Its most recent round was a Pre-Seed of $1.5M in Jun 2025. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Jun 19, 2025
Pre-Seed
$1.5M

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