News releases
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Lysanda signs agreement with TNT
Lysanda, the vehicle management software provider, today announces an agreement to be the approved supplier of on board eco-driving technology for vehicle fuel savings to TNT, the world-leading provider of express delivery services.
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British companies “can save £3.3bn on road fuel costs”
Lysanda analysis of the UK commercial road fleet market suggests 20% reduction in fuel consumption and CO2 emissions achievable with better fleet monitoring.
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Lysanda Since Springboard
In the autumn of 2005 Lysanda applied for the newly launched Shell Springboard award. To a 3 person strong start-up company, the offer of a £40,000 grant from a large industrial body was impossible to resist. Lysanda’s first product, the Eco-LogTM was still in very early development and had only just emerged from the drawing board.
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Lysanda records success of TNT’s 2009 “Drive Me Challenge”
Lysanda’s Eco-Log software measures total fuel used per team in TNT’s 2009 “Drive Me Challenge”. Winning driver used barely half the fuel of the worst driver.
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Lysanda raises £1.3m in new funding
Lysanda today announced that it has secured £1.3m in a second round of funding.
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Lysanda works with TNT to promote efficient driving
Eco-Log to support TNT’s 2009 “Drive Me Challenge”
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Lysanda appoints Alistair Crawford as Chairman
Lysanda, the automotive software developer, has appointed Alistair Crawford as Chairman.
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Eco-Log drive to class honours at the MPG marathon
Lysanda demonstrates innovative Eco-Log technology at the wheel of a Volvo S40 during 411-mile fuel-economy challenge. Results show a 21% cut in emissions and 24% improvement over official mpg figures.
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Live CO2 broadcast from entry in MPG marathon
An innovative new way of measuring a vehicle’s fuel consumption and CO2 emissions is to be demonstrated during this year’s MPG Marathon economy run.
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Presentation: Counting the carbon
Download our latest presentation: Counting the Carbon
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Fleets need to incentivise commercial drivers to drive down fuel costs and emissions, say Lysanda
Giving commercial drivers a financial incentive to change their driving style to reduce fuel use is the only way fleets are going to drive down their impact on the environment, according to Lysanda.
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Lysanda reports staff growth and increased fleet interest for its ‘Eco-Log’ emissions monitoring technology
Lysanda, developers of a pioneering emissions monitoring technology, is expanding following the completion of its £1.25M venture capital funding led by Logispring, the Geneva-based Venture Capital fund.
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Emissions measurement company Lysanda secures £1.25 million investment led by Logispring
BRAXTED PARK, MAY 16, 2008 – Lysanda, developer of emissions monitoring software, has completed a second round of VC funding led by Logispring, the transatlantic venture and growth capital investor with offices in Geneva and New York. The latest investment of £1,250,000 will enable the company’s first product, branded “Eco-LogTM”, to go into production during 2008.
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Lysanda reports staff growth and increased fleet interest for its ‘Eco-Log’ emissions monitoring technology
Lysanda, developers of a pioneering emissions monitoring technology, is expanding following the completion of its £1.25M venture capital funding led by Logispring, the Geneva-based Venture Capital fund.
Lysanda is investing in new staff, new office space and, with the current price of diesel having topped £1.30 per litre, is seeing more and more public and private sector fleets asking for help to minimise operating costs and at the same time reduce the environmental impact of their vehicles.
Emissions and technology
The Eco-LogTM technology is software able to read and report the composition of the vehicle’s exhaust gases from a moving vehicle. It uses a totally new method of monitoring the vehicle’s powertrain. Rather than directly measuring the exhaust gases, it predicts what the exhaust content will be from the various inputs to the combustion process. It uses signals obtained from the vehicle’s On-Board Diagnostic system (OBD) which is easily accessible and is used in every road-approved vehicle. Lysanda claims results with accuracy of better than 3% in comparison with exhaust gas analysis.
Typically, the software will be licensed to telematics partners, whose units will transmit the reports to fleet managers. Eco-LogTM is also available in hardware form as a ‘black box’ pictured below. The black cable connects directly to the vehicles OBDS port.
Growing customer base
Lysanda is negotiating licence agreements with international telematics companies. It is also undertaking projects with organisations including Millbrook Proving Ground, Transport for London (TfL) and several London Boroughs.
Millbrook, one of Europe’s leading sites for vehicle development and demonstration, is running a series of ‘Eco-Drive’ events. These enable fleet customers and the media to practice economic driving under controlled conditions. An Eco-LogTM installed on each test vehicle reveals the impact of driver behaviour on fuel consumption and CO2 emissions.
Transport for London is evaluating hybrid buses on London’s bus routes, in conjunction with Wrightbus, the Northern Ireland-based bus maker. The Eco-LogTM is providing information about the actual CO2 emissions of these buses both on the test track and on London’s streets.
New people, bigger premises
As Lysanda brings the Eco-LogTM into production it has taken on a second suite at its offices at Braxted Park, Essex to accompany a new batch of recruits. They include:
- Eden Lenga, Sales Director, who has headed sales operations in several international automotive operations.
- David Coates, Sales Manager, who joins from an international Tier 1 supplier of automotive systems.
- Richard Lidstone-Scott, an Applications Engineer formerly at Ford’s research centre at Dunton, and Nicholas Mayer, a Software Engineer with international experience in automotive and aeronautical projects and three new administrative staff.