Bercman Technologies

What Bercman Technologies does

Bercman Technologies AS (Nasdaq First North: BERCMAN) is an Estonian technology group headquartered in Tartu that operates three intertwined business lines under a "product company" positioning: Bercman Engineering delivers full-stack product-development services across software, hardware and electronics design, certification, manufacturing and lifecycle support, executed principally through subsidiary Krakul OÜ and exported to nine countries (Sweden, Finland, Singapore, Norway, Switzerland, Germany, the UK, the US and Ireland). Bercman Mobility sells proprietary IoT-enabled Smart Pedestrian Crosswalks and the integrated Põlva Smart Road concept, combining pedestrian-detection sensors, LED driver alerting, ANPR-based average-speed measurement and environmental monitoring (O3, NO2, PM, temperature, humidity); more than 100 crosswalks have been delivered to municipalities across nine countries.

Bercman Energy, the third line, is run through wholly-owned subsidiary Bercman Energy OÜ (established June 2024) and produces a DC fast-charger family spanning 30 kW mobile units through 60 kW wallbox/marine variants to a 300 kW unit, with an ultra-fast 150-600 kW range in development; a Battery Energy Storage Systems (BESS) line was launched in November 2025 via cooperation with Lithuania's Area Energy UAB. Commercial reach has been expanded through a wholly-owned Spanish subsidiary and a 49% Qatar JV with JMJ Group Holding (both December 2025), while Agla Energy's Capacity-as-a-Service partnership converts charging, BESS and solar deployments from CAPEX to fixed monthly OPEX fees.

The Group employs 20 specialists (down from 24 mid-2024), reported FY2025 consolidated revenue of €2.20 million (+45% YoY, net loss narrowed to €329,537), guides €2.7 million for FY2026 and is led by founder/CEO Mart Suurkask with a freshly reconstituted Supervisory Board chaired by Tarvi Thomberg.

Name

Bercman Technologies

Legal name

Bercman Technologies AS

Website

https://bercman.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Bercman Technologies is an Estonian Nasdaq First North-listed technology group that sells proprietary Smart Pedestrian Crosswalks and Põlva-style Smart Roads to municipalities, DC fast chargers (30-600 kW) and BESS via Bercman Energy, and embedded product-development services via Krakul across Europe, MENA and the US.

Ownership category

akta.pro rank

Product category

Smart City Hardware and EV Charging Infrastructure

NAICS

Battery Manufacturing (33591), Switchgear and Switchboard Apparatus Manufacturing (335313)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Traffic Management & Intelligent Transportation Systems (Signals, TMCs, Congestion) (BPAIALAC)

akta.pro secondary industries

Charging Systems & Swappable Battery Infrastructure Manufacturing (IMACAOAF), Energy Storage (BESS) Service for Depots & Charging Sites (TLAKAMAL)

Keywords

• Smart city hardware
• EV DC fast chargers
• Smart pedestrian crosswalks
• Traffic safety systems
• Embedded product development

Headquarters

HQ city

Tartu

HQ country

Estonia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Proprietary product sales - Smart Pedestrian Crosswalks: One-time hardware sales of Smart Pedestrian Crosswalk equipment sets to municipalities and cities via public tenders and resellers. Delivered to 9 countries (Greece, Croatia, Montenegro, Serbia, US, Estonia, Iceland, Bulgaria, Czech Republic). 41 crosswalks delivered in Q4 2025; more than 100 crosswalks cumulatively installed.
2. Proprietary product sales - EV DC Fast Chargers: Hardware sales of 30 kW, 60 kW wallbox-type, mobile dual-cable and 300 kW EV DC fast chargers, plus upcoming 150–600 kW ultra-fast chargers (including marine-grade variants). Sold direct in Baltics and via reseller/distributor network in Norway, Sweden, Denmark, Finland, Greece, Balkans, Spain and Qatar.
3. Battery Energy Storage Systems (BESS): Grid-supporting BESS solutions for industrial, infrastructure and public-sector projects delivered through cooperation agreement with Area Energy UAB (Lithuania); complements EV charging infrastructure where grid capacity is limited.
4. Development Services (Krakul & parent): Custom hardware, software, embedded systems, electronics and full product development services from concept to manufacturing support; Regulatory as a Service. Sold to clients in defence, energy, industrial automation, medical technology, retail, infrastructure construction. Large engagements (e.g., €1 million Harju Elekter AC charger contract). Exported to Sweden, Finland, Singapore, Norway, Switzerland, Germany, UK, US, Ireland.
5. Capacity-as-a-Service financing for clean energy: Through partnership with Agla Energy, Bercman Energy offers EV charging, solar park development and BESS via "Capacity-as-a-Service" (CaaS) 100% loan-to-cost financing converted into fixed monthly OPEX fees for fleet operators, businesses and industrial sites.

Pricing tiers

Go-to-market motion1 record

Marketing channels7 records

Core offering

Bercman Technologies designs, manufactures and sells proprietary IoT-based smart-city hardware — primarily Smart Pedestrian Crosswalks with anonymised traffic/environmental sensing and the Põlva Smart Road integrated average-speed enforcement solution — alongside a family of DC fast EV chargers (30–600 kW, including marine-grade variants) and battery energy storage systems marketed under the Bercman Energy sub-brand. Through its Bercman Engineering arm and subsidiary Krakul OÜ, it also delivers custom hardware, embedded software, IoT and product-development services to defence, industrial automation, medical technology and energy clients.

Product overview

Bercman Technologies (Nasdaq First North: BERC) is a multi-brand Estonian technology company operating a platform-plus-modules architecture that combines (1) Bercman Engineering — full-stack development services spanning software, hardware, and electronics design, certification, and manufacturing support, delivered through the parent AS Bercman Technologies and its IoT/autonomous-systems subsidiary Krakul OÜ — with two proprietary product lines grouped under sub-brands: (2) Bercman Mobility, comprising the Smart Pedestrian Crosswalk hardware and the Põlva Smart Road integrated smart-road solution that adds vehicle number recognition, average-speed measurement, variable message signs, and environmental sensing, and (3) Bercman Energy, the EV charging sub-brand run by subsidiary Bercman Energy OÜ that delivers a DC fast-charger family (30–600 kW range including mobile, Wallbox, and marine variants) plus the Bercman Energy Control Hub remote-monitoring portal and a new Battery Energy Storage Systems (BESS) business line. Group structure: AS Bercman Technologies (parent) → Krakul OÜ (product development services, Fuseboard) and Bercman Energy OÜ (EV chargers, BESS, Spain subsidiary, Qatar JV).

Differentiator

Problem solved

Functional benefit

Brands

• Bercman Engineering: Product development services division: analysis, software/hardware/electronics design, certification, manufacturing support, and lifecycle assistance (A-to-Z product development).
• Bercman Mobility
• Bercman Energy

Products and services

• Smart Pedestrian Crosswalk Proprietary IoT-based crosswalk with radar/optical pedestrian-detection sensors, dynamic LED driver alerting, anonymised traffic-statistics collection (pedestrian counts, vehicle counts by type, traffic density) and environmental sensors (O3, NO2, PM, temperature, humidity). Sold to municipalities and cities via public tenders and resellers to improve pedestrian safety at unregulated crossings.
• Põlva Smart Road Integrated smart-road solution combining 14 Smart Pedestrian Crosswalks, 10 vehicle number-recognition cameras at five measurement points for cost-effective average-speed enforcement, variable message signs and an environmental measurement point. Sold to municipalities; the Põlva deployment recorded 125,000 speeding violations.
• DC Fast Charger (Bercman Energy) Proprietary family of DC fast EV chargers produced by subsidiary Bercman Energy OÜ, covering 30 kW (mobile single-cable), 60 kW (Wallbox, single and dual cable; marine-rated variant), 300 kW and an ultra-fast 150–600 kW range under development. Charges an average EV battery to 80% in roughly 15 minutes; sold to fleet operators, hotels, industrial sites and resellers.
• Bercman Energy Control Hub Web-based customer portal that enables remote management, monitoring and operational support of Bercman Energy DC fast chargers installed at fleet, hospitality and industrial sites.
• Battery Energy Storage Systems (BESS) Grid-supporting battery energy storage solutions for industrial, infrastructure and public-sector projects, delivered through a cooperation agreement with Area Energy UAB (Lithuania). Positioned to complement fast-charging infrastructure where grid capacity is limited or where load balancing is required.
• Fuseboard Smart DC distribution board designed by Krakul OÜ to simplify management of electrical system protections and loads during product development and make their control easier.
• Bercman Engineering – Product Development Services End-to-end product development services covering analysis, software/hardware/electronics design, certification, manufacturing support and lifecycle assistance, sold to clients in defence, energy, industrial automation, medical technology, retail and infrastructure construction. Flagship ~€1 million Harju Elekter AC charger development contract.

Quantifiable outcome

• 2025 consolidated revenue €2.20 million, up 45% YoY from €1.52 million in 2024
• +9 more outcomes

Named customers13 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability6 records

Feature6 records

Scale indicators10 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• NoTraffic: Israel/US AI-based traffic management platform that equips intersections with sensors and V2X connectivity for municipalities. Directly comparable to Bercman Mobility on smart-city traffic optimisation and was profiled alongside Bercman in the 360quadrants 2025 Traffic Management Startups/SMEs Assessment.
• Miovision: Canadian provider of intelligent transportation systems, traffic-data collection sensors and signal optimisation software for cities. Comparable to Bercman Mobility on the intersection of computer-vision traffic sensors, municipal customers and SaaS-style traffic analytics dashboards.
• Valerann: Israel/UK AI analytics company providing real-time road-incident and traffic-anomaly detection for highway operators. Closely comparable to the analytics layer of Bercman's Põlva Smart Road and was listed alongside Bercman in the 360quadrants 2025 Traffic Management assessment.
• TagMaster: Swedish supplier of RFID, ANPR and intelligent transport solutions for traffic management and smart-city applications. Comparable to Bercman Mobility on number-plate recognition and traffic-data capture for municipal and parking customers, and similarly a small-cap European player listed alongside Bercman.
• Kempower: Finnish DC fast-charger manufacturer (50–600 kW) targeting EV charging hubs and fleet operators across Europe. Directly comparable to Bercman Energy on DC fast-charger power classes, Nordic/Baltic heritage, and focus on dynamic-load and BESS-integrated charging hubs.
• Tritium (Exicom Tele-Solar ACquisitions): Australian-origin DC fast-charger specialist (now part of Exicom) selling 50 kW–475 kW chargers globally to networks, fleets and dealerships. Comparable to Bercman Energy on modular DC fast-charging hardware and channel-led international expansion.
• BlueSignal: AI traffic-prediction and incident-detection analytics company serving road operators. Comparable to Bercman's anomaly-detection and average-speed analytics layer on the Põlva Smart Road, and was listed alongside Bercman in the 360quadrants 2025 assessment.
• Heliox: Dutch manufacturer of high-power DC fast chargers (up to 600 kW) and opportunity/fleet charging systems, recently expanded into energy storage. Directly comparable to Bercman Energy's move from 30–300 kW chargers into ultra-fast (150–600 kW) and BESS-integrated deployments.

Broad incumbents

• INRIX: Large US-based traffic data and analytics platform serving cities, road authorities and automotive OEMs. A broader incumbent in the same traffic-data category as Bercman Mobility but operating at vastly larger scale across many data products rather than smart-crosswalk hardware.
• Wallbox: Listed Spanish EV charging company offering AC and DC chargers (Pulsar Plus, Supernova) for residential, commercial and public charging. A broader incumbent in the same EV-charging category as Bercman Energy, with overlapping Iberian distribution but a much wider product portfolio and global scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Bercman_Tech

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bercman Technologies