Ampeco, a Sofia, Bulgaria-based EV charging management platform provider, raised $26M in Series B funding.
The round was led by Revaia with participation from Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures.
The company intends to use the funds to accelerate product innovation, enhancing its platform to provide the most robust feature set for large-scale EV charging providers globally, expand its presence in key markets, including Western Europe, Scandinavia, the UK, North America, and Southeast Asia, and to double its team size over the next two years, bringing in talent across all departments.
Led by CEO Orlin Radev, Ampeco enables large-scale EV charging providers to launch and scale their business operations under their brand. The company offers an hardware-agnostic EV charging management platform to cover all EV charging business cases. It has a comprehensive feature set that allows quick go-to-market while providing unmatched flexibility and extensibility via API to enable businesses to build their differentiators.
The company supports more than 160 charging network operators in over 60 countries.
Ampeco previously raised $16M in venture capital in 2023. This latest investment brought its all-time raise to $42M.
FinSMEs
26/11/2024