Ev.energy secures £6.4m in Series A funding led by Energy Impact Partners to expand smart charging services
The round was led by Energy Impact Partners with participation from Future Energy Ventures, Cyan Finance, and angel investors.
ev.energy provides a cloud-based software platform that intelligently manages electric vehicle charging for drivers and utilities worldwide. The company connects directly to vehicles and chargers to optimise energy usage and grid stability.
Ev.energy has raised £6.4m in a Series A funding round led by Energy Impact Partners. The round also drew participation from Future Energy Ventures, Cyan Finance, and several cleantech angel investors.
The capital will be deployed to expand the company reach across energy utilities, car manufacturers, and charger partners in international markets including the US, Europe, and Australasia. The platform currently serves more than 20,000 drivers worldwide.
From the founder
"The transition to electric vehicle is a once in a century transformation of the energy sector"
Nick Woolley
CEO at ev.energy
Investor perspective
"Electric vehicles are at an inflection point in most developed markets. The rise of electric vehicles is a significant opportunity for energy utilities, through new and innovative services, that support their customers to go electric. We are very proud to back the team around Nick and Chris as they have already proven that they can scale internationally by appealing to drivers, utilities and car manufactures at the same time."
Matthias Dill
Managing Partner for Europe, Energy Impact Partners
Use of funds
- 01Expand into international markets
Investors
Matthias Dill
Energy Impact Partners
Patrick Elftmann
Future Energy Ventures
Cyan Finance
Dunelm Energy
Clim8 invest
Categories
About the company
ev.energy
ev.energy operates a software platform for managed electric vehicle charging.