30 Mar 2024 | Abstracted from CNBC
"Recurrent uses no hardware, just the software that runs on thousands of electric vehicles daily. It can analyze a car over and over again, normalizing things like weather, driving and charging style in order to compare two similar vehicles and show which has a stronger battery, and consequently a higher value."In addition to Wireframe Ventures, Recurrent is backed by ArcTern Ventures, Powerhouse Ventures and EnerTech Capital... it has raised $19.25 million...Recurrent now has about 20,000 drivers on its platform"
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