Elssway
Wireless and Wired Charging Platform For Light Electric Vehicle Fleets
Company Overview
Snapshot
Founded in May 2024 by Asaf Ellsibony and Tal Bakish, Elssway operates with 1–10 employees. The company has raised $1.65M across one funding round from one investor. In April 2024, Elssway secured Pre-Seed funding from Earth & Beyond Ventures.
Business overview
Elssway provides a Charging-as-a-Service (CaaS) platform specifically designed for Light Electric Vehicle (LEV) fleets, including e-scooters, e-bikes, and delivery robots. The system integrates both wired and proprietary wireless power transfer technologies to facilitate energy delivery wherever vehicles are parked. As a dedicated Charge Point Operator (CPO) for LEVs, Elssway aims to eliminate the operational complexities associated with manual battery swapping and the logistical limitations of fixed docking stations. The company operates within the Automotive & Mobility Technologies sector, focusing on electric mobility and alternative fuels, and serves the transportation and logistics industries.
Strategic signal
In December 2025, Herzliya began positioning itself as a laboratory for smart technology aimed at significantly reducing private car usage, with Elssway highlighted as a key innovator in this initiative. This development signals a strong municipal validation for Elssway's charging solutions and its potential to contribute to urban e-mobility infrastructure, indicating a favorable environment for market adoption and strategic partnerships.
Log in to access full profile ›Company Intelligence Q&A
- What is Elssway's core offering?
- Elssway provides a Charging-as-a-Service (CaaS) platform for Light Electric Vehicle (LEV) fleets, utilizing both wired and proprietary wireless power transfer technologies to enable charging at any location where vehicles are parked.
- When was Elssway founded and by whom?
- Elssway was founded in May 2024 by Asaf Ellsibony and Tal Bakish.
- What was Elssway's most recent funding activity?
- Elssway secured Pre-Seed funding in April 2024. The round was led by Earth & Beyond Ventures, with an investment of $250,000, contributing to the company's total raised capital of $1.65M.
- How is Elssway contributing to climate technology?
- Elssway's technology supports the adoption of e-mobility, particularly EVs, by increasing charging availability, optimizing power utilization, and reducing grid requirements.
- What is Elssway's current product stage?
- Elssway's product, the Charging-as-a-Service platform, is currently in the Alpha stage.