Wallbox has completed a €15M funding round, led by Iberdrola through its Perseo start-up programme. Climate change and sustainable mobility are growing concerns for consumers that are affecting their behaviour and consumption habits.
Wallbox es una empresa española fundada en 2015 que develops and manufactures chargers for electric vehicles. In addition to being compatible with all electric models on the market, thanks to the company's remote upgrades, its products can be used to charge vehicles not yet available on the market today.
Wallbox: modelo de negocio
Its business model is based on the sale of charging devices to both individuals and companies, which can be installed in any home or car park with mains power and can be adapted to any type of installation and power.
A través de Perseo, programa de start-ups con el que apoya a compañías emergentes que desarrollan tecnologías clave para diseñar la energía del futuro, Iberdrola ha materializado una ronda de financiación de 15M€ for Wallbox. The capital raised will enable the company to continue the development of its ambitious product roadmap and accelerate the company's growth.
OTHER SECTOR OPERATIONS
With the development of electric vehicles, a network of chargers is necessary and essential. This revolution in the automotive industry towards electrification has been reflected in recent corporate transactions in the sector.
FASTNED
Fastned is a Dutch operator specialised in the installation and design of fast charging stations for electric vehicles.which already has more than 60 stations in the Netherlands, Belgium and Germany.
It has recently succeeded in raising a round of funding of 3.5M€ para ampliar su red de cargadores rápidos en los países donde ya tiene presencia y también a lo largo de toda Europe.
ZENOBE ENERGY
Zenobe is the largest independent battery storage owner and operator in the UK. They provide flexible energy solutions for utilities, electric vehicle manufacturers and companies.
With a total of 120M€ raised in its latest capital raising, Zenobe is uniquely positioned to meet the demands of its customers across Europe and to continue to innovate its products.
UBITRICITY
Recently acquired by Honda, the German company specialist in renewable energy and smart technology systems. It mainly develops innovative products that offer disruptive solutions to battery charging problems. Among these is a project for streetlights that, in addition to providing light, function as charging points for electric vehicles.
In its last round, Ubitricity managed to lift 20M€ in order to continue its expansion plan, refining and developing its innovative streetlight project. It has recently landed in Spain in order to test this disruptive product in Gran Canaria.
