'Electric Vehicle Fire Suppression' Rimobility Secures Seed Investment from Bluepoint

Limobility, a company developing fire suppression solutions for electric vehicles, announced on the 20th that it has secured seed investment from Bluepoint Partners. The exact amount of investment and the company valuation for this round remain undisclosed. Bluepoint discovered Limobility through the 4th batch of 'The GS Challenge Future Energy,' an open innovation program with GS Energy.

Limobility's solution features the ability to penetrate the underside of the battery and immediately enter the extinguishing phase without lifting the electric vehicle, fundamentally suppressing the fire at an early stage. They are developing both an embedded type installed at electric vehicle charging stations and a mobile type.

Domestic electric vehicle fires reached about 70 cases last year, but there was no proper suppression system to control battery runaway. Earlier this month, an electric vehicle fire in the underground parking lot of an apartment complex in Cheongna, Incheon, caused damage to over 800 vehicles, either completely burned or scorched, heightening social anxiety about electric vehicle fires.

When using Limobility's solution, the fire suppression time for electric vehicle fires, which can last up to 72 hours, can be reduced to around 10 minutes, with resolution possible within a maximum of 20 minutes. It allows for non-contact remote operation, ensuring safety while minimizing toxic gases and firefighting wastewater, providing environmental benefits. The founding team is composed of personnel with expertise in related fields, centered around CEO Jaehwan Lee, a former university professor.

Kim Minseon, Senior Investment Officer at Bluepoint Partners, who led this investment, said, "As the severity of electric vehicle fires increases every year, technology that can actively suppress fires is a solution that is essential for the market and environment." He added, "By actively extinguishing fires, effectiveness and safety are enhanced, and time and costs are drastically reduced, so significant growth is expected not only domestically but also in the global market."

This content was produced with the assistance of AI translation services.