ITOCHU, a hundred billion-dollar Japan conglomerate, and Ecliptic Capital, a Texas-based venture firm, are investing in Veloce to propel the company's leading-edge technology to the next level and build out its product roadmap.

Veloce Energy is the creator of the FastGrid hardware and software infrastructure platform which reduces the time and cost to deploy and operate EV charging stations and commercial and solar storage. Based in California and Colorado, Veloce technology simplifies grid connection, design, installation, expansion, and operation of grid edge systems. The FastGrid includes leading fire-safe, modular, and compact bi-directional energy storage systems, modular installation systems, and integration and operation software. Veloce's interoperable charging station infrastructure utilizes open standards and enables EV station operators, fleets, site hosts, and utilities to dynamically manage EV charging and other loads, enhancing existing grid resources.