Pando Electric Secures $1.85 Million in Funding for Revolutionary EV Home Charging Solution

Pando Electric is excited to announce the successful raising of $1,850,000 in funding to expand its innovative electric vehicle (EV) charging solutions designed specifically for multifamily and commercial properties. With a growing demand for sustainable energy solutions, Pando Electric stands at the forefront, offering a cost-effective and highly scalable home charging solution that addresses the unique needs of property managers and their tenants. Our compact EV chargers come equipped with a robust AI application that intelligently manages electric load distribution, ensuring optimal performance at every charging station. This smart design not only facilitates quick and easy installation by utilizing existing electrical infrastructure but also significantly reduces installation costs, making it a boon for property owners. The newly acquired funds will be directed toward enhancing our technology, expanding our product line, and increasing our market reach. By integrating EV charging capabilities into properties, owners can experience accelerated leasing acceptance rates, improved tenant retention, and new revenue-generating opportunities, all while increasing property valuation. Furthermore, Pando Electric’s user-friendly mobile application allows for seamless remote monitoring, adding an extra layer of convenience for managers and tenants alike. As we move forward, our commitment to delivering cutting-edge and adaptable EV charging solutions remains unwavering, and we are excited about the prospect of leading the charge toward a more sustainable future in the real estate sector. Join us on this journey to make EV charging more accessible and efficient for everyone!