Camion raises £2.3m in a pre-seed round led by EQT Ventures to expand its engineering and data science team
The pre-seed funding round was led by EQT Ventures with participation from Firstlook Ventures, RitMir Ventures, and Chris Adelsbach.
Camion operates an intelligence and analytics platform that helps the real estate and electric vehicle charging sectors identify properties ready for electrification. The company provides insights on power supply and energy demand to futureproof portfolios.
Camion has secured £2.3m in a pre-seed funding round led by EQT Ventures. Firstlook Ventures and RitMir Ventures also participated in the financing, alongside angel investor Chris Adelsbach. The London-based business will direct the capital towards expanding its engineering, machine learning, and data science teams to further develop its platform.
The company provides an analytics platform that integrates property data, power supply metrics, and local energy demand to help real estate owners, lenders, and developers identify electrification-ready sites. With transport and building sectors facing growing power requirements, the software aims to streamline investment due diligence for infrastructure deployment.
From the founder
"The structural shift toward electrification is a huge opportunity for those who act swiftly to understand and deploy electric vehicle charging infrastructure where it is needed. As energy demand and generation become more distributed, electrified real estate will become the next great asset class in the $50 trillion global commercial real estate market. Camion exists to supercharge this once-in-a-century transition through a blend of machine learning, big data, and extensive industry insights."
Jacob Monroe
Founder and CEO at Camion
Investor perspective
"With increasing EV adoption, the real estate sector has the opportunity to become the new “gas station” for EVs while increasing the value of properties for asset owners and developers."
Sandra Malmberg
Partner, EQT Ventures
Use of funds
- 01Grow the team
- 02Continue product development