The pre seed round was led by SFC Capital with backing from institutional funds and angel investors.
"We are thrilled to be partnering with Bethnal Green Ventures, the London Co-investment Fund, and the Start-up Funding Club, Copa Ventures and likeminded Angel Investors."
The Series A round was led by YFM Equity Partners with participation from Par Equity and an angel syndicate.
"YFM’s experience of working with innovation-led businesses has proved invaluable. The team immediately understood our vision and recognised our potential. With the backing of YFM, Par and our angel investors, we can continue to curate the future of EV infrastructure and help more customers to deliver an optimised, reliable and trusted EV charging experience."
Zouk Capital led the investment round to accelerate the rollout of charging points across apartment buildings.
"With our fully managed and funded approach, we make the process as straightforward as possible. We remove any of the stress associated with an initial capital outlay or the ongoing management and maintenance of the charge points, while also creating a customer-centric proposition that will help landlords build long-term relationships with their residents."
The capital will support international expansion and recruitment as demand grows for the company grid stability technology.
"As we deliver more projects to support the global transition to Net Zero, this backing will empower us to deliver at scale, expand our commercial presence internationally, innovate further, and make a real contribution to a clean energy future."
Marbanc International has backed Solus Power to help commercialise its mobile electric vehicle charging technology.
"Our mission at Solus Power is to revolutionize the mobilization of energy. We have developed cutting-edge charging technology that will relieve the pain points of EV ownership and offer a seamless solution across all industries and sectors that want to move to more sustainable fleets without the worry of available infrastructure. We are delighted to have the support of Marbanc International who has recognized the significant value our technology can offer to our expansive potential client base and we now look ahead to commercialization of our products."