Tether

Russia
Artëm, Primorye, Russia

Company profile

Tether company profile

Tether is a Barcelona-based climate-tech startup which has developed a solution to leverage electric vehicles (EVs) into grid-scale AI-coordinated battery assets. Tether’s technology learns the behavior of millions of private EVs to coordinate their charging patterns, turning these cars into the world's largest, and cleanest, distributed battery with capabilities to reinforce the power grid. This way, Tether significantly reduces CO2 output over the lifetime of a car. The company bids vehicle flexibility on balancing markets and earns extra revenue streams for partner OEMs and charge point operators, all while supporting grid stability with clean, distributed power.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
1-10 employees
Founded
2022-11-01, Month

Headquarters

Country code
RU
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Seed
Funding rounds
2
Total equity funding
$1.5M
Last funding
Pre Seed / $1.5M / 2025-06-19
Last equity funding
Pre Seed / $1.5M
Investors
7
Lead investors
3
Founders
2
Articles
1,057

Founders and investors

Founders

Luis Medina RivasMartim Perestrelo

Lead investors

Draper B1K FundTechstars

Investors

Axel Carbon CapitalDraper B1Enzo VenturesK FundTechstars