Elssway Ltd.

www.elssway.com

High-Tech Company

Accelerated by: CityZone

TECH VERTICALS

Charging Tech, Deep Tech, Energy Distribution, Energy Tech, Energy Transmission, Wireless

General Data

Sector	Energy
Company Stage:	Initial Revenues
Established	2023
Number of Employees	5
Reg. Number:	abCDe

DESCRIPTION

Elssway provides accessible charging through True Wireless Power Transfer. By offering Charging-As-A-Service, Elssway enables electric vehicle drivers and fleets to “Just Drive!”—accelerating the transition to electric mobility. The technology delivers endless charging points, improved transmission efficiency, and a seamless user experience. Fleets benefit from greater operational efficiency, scalability, and quality of service. Power distribution to multiple vehicles in unpredictable locations poses a significant challenge for utility companies, fleet operators, and governments. Elssway's Edge-Distribution technology delivers superior load balancing, flattens peak demands, and enables seamless infrastructure scalability for the decade ahead.

TECHNOLOGY

Elssway's wireless transmission and distribution technology enables access to chargers across entire parking lots, keeping costs low. This technology enables cheap future upgrades, which is important, as demand will increase tenfold over the next decade.
Elssway's technology brings multiple advantages to both the users and the two types of operators - utility companies and charge point operators. Users benefit from the greater availability of charging stations, along with the ease of cable-free charging. Utility companies see reduced costs due to flattened demand. And charge point operators, for their part, gain increased margins and greater profitability.

	TARGET MARKETS
	Energy transmission market.

	BUSINESS MODEL
	B2B

CONTACT INFO

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Main Address: Tel Aviv, Israel

Address	17 Shagal Marak St.
City	Tel Aviv
Country	Israel
Zip	6967226

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Asaf Elssibony	CEO & Co-Founder
Mr. Tal Bakish	VP, Business Development & Co-Founder

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Seed - Extended

Jul. 07, 2025

Seed

abCDe

Seed

Apr. 01, 2024

Seed

abCDe

Pre-Seed

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Government Agency	abCDe	R&D Grant
abC Defghij	Incubator	abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

May. 01, 2024

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Jun. 01, 2025

Initial Revenues

Contributor	Type	Amount	Remarks
abC Defghij	Innovation Lab	abCDe

Last Updated:	abCDe
IVC Number:	abCDe