Bonnet raises £3m from existing backers to accelerate expansion.
Current investors including GV, Lightspeed Venture Partners, and 20VC backed the round.
Bonnet operates a mobile application that aggregates electric vehicle charging networks to simplify public charging for drivers.
London based electric vehicle charger aggregator Bonnet has secured £3m in equity financing from its existing backers to support expansion. The latest injection follows a period of rapid international growth and comes alongside a public crowdfunding campaign. The business intends to deploy the capital to scale its operations, enhance product reliability, and introduce features tailored for both individual motorists and fleet operators.
The enterprise has more than doubled its network coverage across Europe over recent months, now offering access to over 200,000 charge points. Existing investors participating in the round include GV, Lightspeed Venture Partners, and 20VC, alongside prominent angel backers.
From the founder
"We have been growing extremely quickly over the past year as thousands of people and businesses each day jump into electric vehicles desperate for an easy, simple way to charge up."
Patrick Reich
CEO at Bonnet
Use of funds
- 01Expand into international markets
- 02Continue product development
