ColeTech Group
ColeTech Group, founded in 2022 in West Lafayette, Indiana, claims to develop a novel technology that converts vehicular traffic into renewable energy. The privately held company operates with 1-10 employees and has disclosed no revenue, customers, products, or external capital.
- Company typePrivate
- Founded2022
- HeadquartersWest Lafayette, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What ColeTech Group does
ColeTech Group is a privately held, early-stage company founded in 2022 and headquartered in West Lafayette, Indiana. According to its brief self-description, the company is developing a novel technology intended to convert vehicular traffic into renewable energy. No further technical architecture, product specifications, platform details, or commercial milestones are disclosed in the available source material. The company's web presence is limited to a Google Sites URL that resolves to a Google sign-in page, providing no substantive technical or operational information. No patents, trademarks, certifications, partnerships, customer relationships, or management team data have been disclosed.
The company operates with a headcount in the 1-10 range and has logged one funding event on October 23, 2023, with $0 raised and no identified investors or lead. No revenue, pricing model, distribution channels, or go-to-market mechanics are described. The absence of disclosed customers, contracts, or product deliverables, combined with the $0 funding event, is consistent with a pre-commercial or proof-of-concept stage rather than a revenue-generating business. The proximity to Purdue University suggests a possible university-affiliated origin, though no formal academic or institutional relationship is documented in available sources.
From a business-model standpoint, no revenue mechanics are visible: there is no indication of hardware sales, licensing, energy-offtake agreements, government grants, sponsored research, or services revenue. Customer segments are not specified, and no marketing or distribution activity is recorded. Any assessment of unit economics, addressable market, or commercial viability cannot be supported from the data provided, and would require direct diligence with the company.
ColeTech Group firmographics
Firmographics- Name
- ColeTech Group
- Website
- https://sites.google.com
- Company type
- Private
- Founded year
- 2022
- Headcount range
- 1–10 employees
- Short description
- ColeTech Group, founded in 2022 in West Lafayette, Indiana, claims to develop a novel technology that converts vehicular traffic into renewable energy. The privately held company operates with 1-10 employees and has disclosed no revenue, customers, products, or external capital.
- Ownership category
- akta.pro rank
ColeTech Group industry classification
Industry- Product category
- Renewable Energy Technology
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Charging Network Operators & CPOs Offering Smart Charging/V2G (EUAFAMAD)
- akta.pro secondary industries
- Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC) (IMACAJAK), Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK)
Keywords
Where ColeTech Group is headquartered
LocationHeadquarters
- HQ city
- West Lafayette
- HQ country
- United States
- HQ region
- North America
Markets served
ColeTech Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel
ColeTech Group product offering
Product offeringCore offering
ColeTech Group develops a novel technology that harnesses the kinetic energy from car traffic to generate renewable energy. The company is a small early-stage firm (1-10 employees, founded 2022) based in West Lafayette, United States, focused on capturing energy produced by moving vehicles on roadways.
Differentiator
Problem solved
Functional benefit
Products and services
- Traffic-based renewable energy technology A novel technology system that converts the kinetic energy of passing car traffic into renewable energy; intended for roadway infrastructure or transportation-sector applications.
Companies that use ColeTech Group
Customer profileIdeal customer profiles1 record
ColeTech Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ColeTech Group partnerships and signals
Strategic signalExpansion highlights1 record
ColeTech Group competitors and assessment
Company assessmentDirect peers
- Pavegen: Pavegen develops kinetic energy-harvesting floor tiles that capture electricity from foot traffic. It is the closest direct analog to ColeTech's stated concept of generating renewable energy from passing traffic, differing primarily in the energy source (pedestrians vs. vehicles).
Others
- ChargePoint: ChargePoint operates one of the largest EV charging networks in North America. While not directly comparable in technology, both companies operate at the intersection of vehicle infrastructure and energy, and ChargePoint is a relevant adjacent player for partnership, competitive overlap, or ecosystem context.
Emerging players
- Solar Roadways: Solar Roadways develops solar panels designed to be embedded in road surfaces to generate renewable electricity from roadway infrastructure. While the energy source differs (solar vs. kinetic), both companies pursue the broader vision of generating renewable power from public road surfaces.
- Innowattech: Innowattech developed piezoelectric energy-harvesting systems embedded in roadways to capture energy from passing vehicle weight. It is a close technical analog to ColeTech's vehicle-traffic-based energy concept, though its current operating status is uncertain.
Broad incumbents
- GE Vernova: GE Vernova is a major energy infrastructure and power generation company spanning renewables, grid, and power electronics. As a broad incumbent in distributed and utility-scale power, it represents the kind of large strategic player that could either partner with or outcompete early-stage traffic-energy startups.
- EnOcean: EnOcean is an established German player in energy-harvesting wireless technology, producing self-powered sensors and switches using kinetic and ambient energy. It represents a broader incumbent in the same underlying energy-harvesting technology category, though at smaller scale than roadway generation.
Regional players
- SolaRoad: SolaRoad is a Dutch consortium that piloted solar-panel-integrated bicycle paths to generate renewable energy, conceptually adjacent to ColeTech's road-based renewable energy concept. It is primarily a European implementation rather than a direct US competitor.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat1 record
Key risks5 records
Key highlights3 records
Customer concentration
ColeTech Group social profiles
Digital presenceColeTech Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
ColeTech Group leadership team
Management profileNumber of profiles
ColeTech Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ColeTech Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ColeTech Group
What does ColeTech Group do?
ColeTech Group develops a novel technology that harnesses the kinetic energy from car traffic to generate renewable energy. The company is a small early-stage firm (1-10 employees, founded 2022) based in West Lafayette, United States, focused on capturing energy produced by moving vehicles on roadways.
When was ColeTech Group founded?
ColeTech Group was founded in 2022. It employs 1 to 10 people.
Where is ColeTech Group based?
ColeTech Group is headquartered in West Lafayette, United States, in the North America region.
Who are ColeTech Group's main competitors?
Pavegen is listed as a direct peer. ChargePoint is listed as an others. Emerging players are Solar Roadways and Innowattech. Broad incumbents are GE Vernova and EnOcean. SolaRoad is listed as a regional player.
Does ColeTech Group have an API?
No public API is recorded for ColeTech Group.
What industry is ColeTech Group in?
ColeTech Group's product category is Renewable Energy Technology. Its primary akta.pro industry code is EUAFAMAD, Charging Network Operators & CPOs Offering Smart Charging/V2G, with a secondary code of IMACAJAK, Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC). Its SIC code is 4991.