AddVolt

Porto, Portugal Founded: 2014 • Age: 12 yrs Acquired By Carrier
Plug-and-play electrical systems for refrigerated trucks are offered.
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About AddVolt

AddVolt is a company based in Porto (Portugal) founded in 2014 was acquired by Carrier in May 2025. AddVolt offers products and services including ADDS, ADDM, Slim, ADDL, and Power Unit. AddVolt operates in a competitive market with competitors including ULEMCo, pepper motion, ZEVx, KEYOU and Boson Motors, among others.

  • Headquarter Porto, Portugal
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $56.31 K (USD), Grant

    Feb 28, 2022

  • Investors
    Carrier

    & 6 more

  • Employee Count
    Not available
  • Acquired by
    Carrier

    (May 02, 2025)

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Products & Services of AddVolt

AddVolt offers a comprehensive portfolio of products and services, including ADDS, ADDM, Slim, ADDL, and Power Unit.

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Primary

Enables last-mile delivery without emissions for urban logistics.

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Supports medium-range operations with silent power autonomy.

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Enhances efficiency in electric and hybrid vehicles.

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Provides full autonomy for extended logistic operations.

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Interfaces batteries for auxiliary power in trucks.

Funding Insights of AddVolt

Investors in AddVolt

AddVolt has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Carrier, European Union and EIC Fund.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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Stage-agnostic investments in tech and life sciences sectors are pursued.
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Abacus alpha is engaged in investment for mid-sized companies.
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Investor details for AddVolt

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Investments & Acquisitions by AddVolt

Investments
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Investment portfolio details for AddVolt

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Financial Statements - AddVolt

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Detailed financials for AddVolt

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Addvolt Comparisons

AddVolt Primary company
Description
Plug-and-play electrical systems for refrigerated trucks are...
Location
Porto, Portugal
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for AddVolt

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Competitors of AddVolt

AddVolt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ULEMCo, pepper motion, ZEVx, KEYOU and Boson Motors, among others.

Company Name Domain Founded year HQ Location Description
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Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
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Electric conversion kits for commercial vehicles are provided.
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Fleet electrification solutions for mid-duty vehicles are provided.
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Hydrogen-powered conversion kits are developed for commercial vehicles.
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Smart electric commercial vehicles are manufactured by Boson Motors.
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Tembo is recognized as a leader in electric utility vehicles.
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Detailed competitors of AddVolt

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Latest news on Addvolt

Partnership will drive battery innovation
Coolingpost5 years ago
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Complete news archive for AddVolt

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Frequently Asked Questions about AddVolt

AddVolt was founded in 2014.

AddVolt is headquartered in Porto, Portugal.

AddVolt provides a non-invasive plug-in electrical system that enables refrigerated trucksreefers to run cold-chainrefrigeration operations on electrical power instead of dieselfuel. This enables truck operators to reduce their carbon footprint noise levels. The solution is compatible with standardtraditional vehicles as well with hybrid, LNG, and fully electric vehicles. Offers multiple variants depending on the refrigeration needs along with a remote control system in the drivers cabin and an online platform to managetrack energy savings carbon footprint. Claims to be compliant with CE and ECE R10 standards.

AddVolt's top competitors include ULEMCo, Tembo and Boson Motors.

AddVolt offers ADDS, ADDM, Slim, ADDL, and Power Unit.

AddVolt has 7 investors. Key investors include Carrier, European Union, EIC Fund, Portugal Ventures, and Abacus alpha.

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