FinTechFunding

Charge Amps: Raises £11M in Pre-IPO Funding

  • Charge Amps AB (publ), a Stockholm, Sweden-based green-tech company and maker of EV charging solutions, raised £11m (SEK 130M) in funding
  • The round was led by Swedbank Robur via its equity funds, Microcap and Ny Teknik
  • In addition, Swedbank Robur has purchased shares corresponding to £1.7m (SEK 20M) from current shareholders, bringing its total investment in Charge Amps to £12.7m (SEK 150M)
  • The company intends to use the funds to further expand and establish its European presence in key markets for 2021
  • Since the launch of its first charging station Charge Amps Halo, in 2015, the company has sold over 40,000 charge points to B2C and B2B customers in 15 countries
  • The company has additional teams based in Norway, and Denmark and, in 2021, will set up more European offices in a number of countries
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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