Ampeco, a Sofia, Bulgaria-based provider of an EV charging management platform, raised $16M in funding.
The round was led by BMW i Ventures. The Series A round also included Launchub Ventures and Cavalry Ventures as well as a handful of angel investors.
The company intends to use the funds to drive further expansion into North America with a local presence whilst also growing its engineering and product innovation teams.
Led by CEO Orlin Radev, CEO, Ampeco offers a complete solution to EV charging providers that covers all use cases, including public, business, fleet, and residential charging. It is an open platform that allows customers to manage chargers at scale and choose the hardware partners they want to work with while providing an outstanding experience for EV drivers under their own brand. The company’s software platform offers charging network operators full ownership of their business, including complete control over customer relations, partnerships, and payment flows. The solution integrates with smart meters, building management systems, and renewable energy sources to maximise efficiency.
In four years, The company has proved to be a key player with a global footprint and a leading presence both in Europe and North America, with over 120 customers in more than 45 markets, representing over 62,000 charging points.
FinSMEs
26/01/2023