[중기 info] “Everything about electric vehicle charging, leave it to us”

There is a small and medium-sized business that leads the electric vehicle charging platform. He is a man who gained popularity as the No. 1 regulatory sandbox. It is the only company in Korea that manages integrated EV charging control, integrated charging system, charging sharing service, and charging infrastructure, and provides integrated EV services. In particular, it is building all services related to charging, such as fast charging service, slow charging service, and billing-type outlet sales as a platform.

Founder Chae-in is Chief Strategy Officer Young-Seok Choi (CSO) who is currently in charge of the business process. He is a former automotive engineer who has developed electronic control for racing car engines, diagnostics and control modules for vehicles, and has been working as an expert in analyzing driving data.

While using an electric vehicle in 2014, he first experienced problems and complaints about the charging service, and jumped in to build a charging platform with four employees in Daegu, a leading city for electric vehicles. In particular, the development of billing-type outlets was selected as the No. 1 regulatory sandbox company and was an opportunity to be recognized for its differentiated technology.

The charging-type outlet that can charge an electric vehicle using a general 220V outlet is easier to install in office buildings and apartment complexes in the city compared to the existing slow and fast chargers. Charging starts when you enter the charging fee in the application (app) by linking with the smartphone via Bluetooth. Blockchain-based separate charging method Electric vehicle drivers can pay for the amount they have charged.

The area that Chae-in is focusing on is building charger roaming systems. Roaming means integrating and linking the charger operation system operated by various electric vehicle charging companies so that members can charge with the chargers of other companies that have partnered even in areas without their own chargers. Chae-in has endured three years with acquaintances who have acknowledged their technology and vision since the establishment of the company, providing general funding for ten hours, but a crisis came as it reached 2019, when the commercialization of billing outlets began. The funds were exhausted and the number of family members to take care of was increased. Death Valley has come. I had to face financial pressure.

Fortunately, it succeeded in attracting investment from mid-sized companies, and last year, the Small and Medium Venture Business Corporation was recognized for its technology and business feasibility, and received support for a growth-sharing fund. Medium Vacuum’s growth sharing fund is a representative mezzanine financing that supports convertible bonds (CB) and redeemable convertible preferred stocks (RCPS) issued by small and medium-sized venture companies with high technology and future growth potential.

Heavy Vacuum provided 102.6 billion won to 102 companies including Chaein last year.

CSO Choi Young-seok said, “Through the medium-vacuum growth sharing fund support, we were able to reduce our worries about operating funds and increase our business capabilities, and at the same time, it was an opportunity to improve our external trust in the company.”

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