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Raised follow-onEnergyBacked 2025

Banyon Power

Founded by Brian Tolliver

Hardware and software that manages when an electric car charges, so a homeowner avoids a five-figure electrical upgrade and the neighborhood grid isn't overloaded. The company sells to utilities and energy providers as well as to drivers.

What they do

Almost everyone charges at home, and most homes can't take it. Banyon shifts the timing so the wiring and the local circuit cope, and sells that relief to the utility that would otherwise pay for the upgrade.

Who it's for

Utilities and energy providers pay for it. EV drivers are the ones using it.

What's different

The founder puts it plainly: utilities are the first customer, and they pay to reduce grid stress by managing when cars charge.


What they've done, with sources
Back a founder

Every Fifth Star company gets the same $25,000 check.

Contributions go into the fund that writes them. If Banyon Power exits one day, our share comes back to the fund and goes out again, which is what makes us an evergreen fund.

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