Professional Investment: SZE Acquires Stake in Former Students' E-Mobility Start-up

Széchenyi István University has a strategic goal to contribute to the development of a knowledge-based economy, one of the means of which is supporting innovative start-up companies. To this end, the University’s technology transfer company, Uni Inno Plc., has invested in EV.analytica Ltd., a start-up aiming to simplify and enhance the convenience of electric vehicle charging for motorists. The company is focused on conquering Western European and US markets and is continuously building partnerships and seeking business opportunities.

The EV.analytica start-up, founded by three young professionals – András Németh, Zoltán Papp, and Gergely Simon – aims to bring the convenience of refuelling conventional cars to the world of electric vehicles. The latter two founders earned their master’s degrees in Vehicle Engineering at Széchenyi István University.

“Nowadays, more and more people are driving electric vehicles, yet charging them remains cumbersome. In Hungary alone, there are nearly twenty different providers operating charging stations, including major names like E.ON, Lidl, and Aldi. Once you cross the border, you’ll encounter even more providers. Drivers must download a separate app for each, register, and input their data. These apps are often not user-friendly and are quite inconvenient to use. Our idea is to create an umbrella application that consolidates various e-mobility service providers into a single platform. Drivers would only need to download this one app, register once, and for a modest ‘convenience fee’, gain access to all services,” explained Zoltán Papp.

Gergely Simon added that the innovation goes beyond that. The system, once the number plate is entered, will be able to recommend charging stations based on the vehicle’s technical parameters – even including route planning – and reserve the charger in advance to avoid queuing. “For instance, if someone is driving to the Croatian coast, the app will suggest optimal charging stops along the way. It can even be set to target a specific battery charge level upon arrival, or suggest stops with shopping or dining options,” he said. He noted that their ambition is global expansion, aiming to cover all of Europe and North America within five years.

Széchenyi István University has acquired a stake in this promising start-up – alongside venture capital investors Lunar Program Plc. and Septem Lute Llc. “It is our University’s strategic objective to contribute to knowledge-based economic development, and this business-based partnership perfectly fits into our new operational mindset. We already have experience in this area: we played a significant role in the success of ABZ Innovation Llc., a company founded for drone development and sales in collaboration with a professional partner and an investor. At the end of last year, we successfully sold the majority of our stake in the company. That cooperation was also beneficial in terms of learning how the University can support technical development in market-facing companies,” emphasised Gábor Dósa, CEO of Uni Inno Plc., the University’s spin-off company. He also highlighted that through the University’s Digital Development Centre, they are providing significant added value to EV.analytica, including high-level server-side programming for the application.

Zoltán Papp, András Németh, and Gergely Simon – founders of EV.analytica, a startup aiming to conquer the US and Western European markets

Zoltán Papp, András Németh, and Gergely Simon – founders of EV.analytica, a startup aiming to conquer the US and Western European markets

 

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