Evios raises £5.9m in growth equity to expand its home electric vehicle charging platform.
The funding round was facilitated by Envestors and drew participation from 62 private investors and funds.
Evios designs and manufactures intelligent charging solutions for electric vehicle drivers at home and work.
Evios has secured £5.9m in growth equity through an oversubscribed fundraise, with significant backing from the Envestors marketplace. The company raised the capital to accelerate its mission of simplifying home and workplace electric vehicle charging as it scales into the mass market.
Founder David Martell, who previously exited Chargemaster to BP, utilised Envestors to streamline the funding process and manage documentation for backers. The round attracted 62 investors in total, including 44 members of the Envestors community, bringing the total accepted investment to £5.9m against £8.2m in pledges.
From the founder
"Our thanks to Envestors who helped us close this round so we can pursue EVIOS’ mission to make Electric Vehicle (EV) charging as simple and smart as possible."
David Martell
Chief Executive at Evios
Investor perspective
"Our platform takes away a huge amount of admin for entrepreneurs who are juggling a fundraise alongside the daily trials of running a growing business,"
Oliver Woolley
CEO, Envestors
