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WEX Venture Capital

WEX Venture Capital

Corporate

WEX Venture Capital is the venture capital arm of WEX, managing a fund focused on the energy transition and fleet electrification technologies.

Portfolio

1

companies


Portfolio companies

ev.energy

ev.energy

ev.energy operates a software platform for managed electric vehicle charging.


Recent investments

Series B
£25.8M

National Grid Partners led the Series B round to help scale the electric vehicle software platform across Europe and North America.

"In the next few years, total EV demand in most developed countries will surpass the energy output of even the largest power plant​s – for example, the behemoth Palo Verde Generating Station in the US. As more EVs come online, optimised charging and load maintenance will remain critical tools for ensuring grid stability. By being able to shape and control EV load, ev.energy can both benefit the grid and help drivers to charge using the greenest and cheapest energy."
— Nick Woolley, CEO