Reps Secures $23.6M to Expand Road Energy Technology
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Austria-based Reps has raised $23.6 million in equity financing to support the expansion of its road energy production technology.
The company did not disclose the names of the investors involved in the funding round.
Funding to Support Expansion Plans
Reps said it will use the new capital to scale its operations and continue developing its energy generation systems. The company focuses on converting vehicle movement into electricity through its patented infrastructure technology.
Company Develops Traffic-Based Energy System
Founded by CEO Alfons Huber, Reps develops the Road Energy Production System (REPS). The system captures kinetic energy generated by moving vehicles and converts it into electrical power.
According to the company, the technology performs best in areas where vehicles naturally slow down, brake, or move through sloped surfaces. These conditions help generate additional force that can be converted into energy.
Commercial Deployment Already Operational
Reps launched its first commercial installation at Hamburger Container Service (HCS) in the Port of Hamburg in November 2025.
The company is targeting applications across ports, logistics centers, highways, and urban infrastructure projects. Reps aims to expand the deployment of its systems in global transportation and industrial networks.
