seeing green
Houston SaaS startup on a mission of decarbonizing public transportation secures SBIR grant
A Houston company that's electrifying public transportation secured a SBIR Phase 1 award from the Department of Transportation.
ReVolt Battery Technology Corp., software-as-a-service company based out of the University of Houston Innovation Center, received the award. The company did not disclose the monetary value of the funding, but indicated that the grant will support ReVolt's "research on reducing auxiliary power consumption in battery electric buses," according to a statement from the company.
"ReVolt stands out as one of only 23 small businesses across the United States to be selected in this highly competitive process, which focuses on creating innovative infrastructure for safe and secure transportation," reads the statement.
The company's software technology platform consists of charging infrastructure, electric vehicle scheduling, fleet digital twin, and greenhouse gas reduction and estimation.
The company was founded in 2021 by Jan Naidu and, according to Crunchbase, has raised $200,000 in pre-seed funding.