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
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.

You May Also Like

Modern Treasury Launches Integrated PSP for Fiat and Stablecoins

New platform streamlines payments for digital and traditional currencies.Highlights: Modern Treasury introduces a new integrated payment service provider.The...

Activist Investor Builds Stake in Fiserv, Strengthening Influence

The investment firm aims to increase its influence over the fintech giant.Highlights: Activist investor increases its stake in...

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...