Gridtest Systems, the Los Angeles-based cleantech startup that aims to accelerate the adoption of electric vehicles around the world, has reached a major milestone, announcing today that it has raised a seed investment round of funding. LA-based tech angel investors Pasadena Angels and Tech Coast Angels participated.

Highlights of the announcement:

1. Gridtest Systems makes test and measurement tools that enable the big players in the electric vehicle sector (e.g. GE, Siemens, etc.) to accelerate development and commercialization of vehicle charging equipment. There's no question that these manufacturers will be ramping up production of charging systems; Gridtest Systems is poised to capitalize on this growing industry. http://www.gridtest.com/

2. Ensure compatibility with a wide array of vehicles will be a critical factor in determining the commercial success of new charging stations. Gridtest Systems technology enables both the design and in-field testing of charging stations.


3. The investment, an initial seed round, enables Gridtest Systems to accelerate rollout of its first product, placing it in the hands of initial customers. The company is actively seeking additional investors - either in this round or potentially for a subsequent round.

4. Two of the largest LA-based cleantech angel investors, seeing the market opportunity that electric vehicle infrastructure represents, are backing Gridtest Systems. As buyers of electric vehicles transition from early adopters to more mainstream consumers, there will a huge demand for charging systems that can be built and maintained to within precise tolerances.

5. Gridtest Systems is an alumnus and regional winner (2011) of the Cleantech Open Business Competition and Accelerator.