Edge Energy secures $3.5 million investment to accelerate EV charging expansion

Cincinnati-based Edge Energy has raised $3.5 million from PRETTL Mechatronics & Actuators GmbH (PMA), a Germany-based manufacturer with deep roots in automotive, electronics, and energy systems. The investment combines direct equity and working capital to help Edge Energy scale its EdgeEV™ Power Source technology and accelerate deployments across the U.S.

Why it matters

Electric vehicle adoption continues to outpace charging infrastructure — particularly in areas without access to costly three-phase power. Edge Energy’s technology aims to fill that gap by enabling ultra-fast EV charging without expensive grid upgrades, expanding the reach of fast chargers to businesses, municipalities, and fleet operators nationwide.

The details

• Edge Energy’s EdgeEV™ Power Source converts single-phase power into the capacity needed for DC fast charging, reducing installation costs and deployment time by as much as sixfold compared to traditional systems.

• The company says its approach helps bridge the infrastructure divide between rural and urban communities, tackling both range anxiety and cost barriers that have slowed broader EV adoption.

• PMA, a family-owned company with more than 50 years of experience, will bring advanced manufacturing expertise in coil winding, encapsulation, and automation through its U.S. subsidiary Kurz-Kasch Inc., based in Newcomerstown, Ohio.

The big picture

The deal ties together Ohio’s growing clean-tech ecosystem with European manufacturing strength — another sign of the state’s expanding role in the next generation of EV and energy infrastructure innovation. Edge Energy’s technology, combined with PMA’s production capacity, positions the companies to scale faster as demand for reliable fast-charging solutions continues to surge.