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PIT IN

Uiwang, South Korea

series-a$9.0M raisedFreshly fundedMicromobilityEnergy StorageElectric Vehicles

◆ Total Raised

$9.0M

◆ Stage

series-a

◆ Location

Uiwang, South Korea

◆ Founded

2023

◆ Links

◆ About PIT IN

Commercial electric vehicle energy platform startup building a distributed energy platform for EV battery swapping and grid connection.

◆ What sets it apart

PIT IN combines robotic battery swapping, battery subscription and management, charging, maintenance, and grid-connected energy-station capabilities into one platform for commercial EVs.

◆ Sectors

MicromobilityEnergy StorageElectric Vehiclesenergy infrastructuredistributed energy

◆ Business

Modelhardware

CustomerCommercial electric-vehicle operators, including corporate taxi companies, individual taxi drivers, logistics fleets, and other high-mileage fleet businesses.

◆ Notable

  • Spun out of Hyundai Motor Group after starting as an internal startup
  • Filed five patents related to battery-swapping equipment in 2023
  • Built and commercially operated a commercial-EV battery-swapping station in Anyang in 2024
  • Selected for a Scale-up TIPS project to develop Station-to-Grid technology
  • Raised a 12 billion won Series A round

◆ Funding rounds

16 Oct 2026

Led by ZER01NE

With Nautilus Investment, Credit Guarantee Fund, Korea Asset Investment Securities

Source ↗

◆ Explore the market

◆ FAQ

What does PIT IN do?

Commercial electric vehicle energy platform startup building a distributed energy platform for EV battery swapping and grid connection.

Where is PIT IN based?

PIT IN is based in Uiwang, South Korea, founded in 2023.

How much has PIT IN raised?

PIT IN has raised $9.0M in tracked funding and is currently at the series-a stage.