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Brown Venture Group to Provide Ecolution KWH with Seed Financing to Achieve Net-Zero Emissions for Transportation

MINNEAPOLIS, Nov. 18, 2020 /PRNewswire/ — Brown Venture Group LLC, a venture capital firm formed to fund Black, Latino, and Native American technology entrepreneurs, announced that it is partnering with Ecolution KWH, LLC (www.ecokwh.com), an e-mobility technology company, to provide its seed round of equity funding.

Ecolution recently received a U.S. patent for its process which utilizes “wasted” kinetic energy in moving vehicles to generate electricity in a microgrid of a large scale. Ecolution will develop prototypes of its ground-breaking technology on three continents. Matched with a heavy-duty electric truck partner, the company’s first …

Full story available on Benzinga.com

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