ev.energy raises $33 million
London-based Ev.energy has secured $33 million in Series B funding led by National Grid Partners, with support from Aviva Ventures, WEX Venture Capital, InMotion Ventures, Energy Impact Partners, Future Energy Ventures and ArcTern Ventures.
Founded in 2018, the startup offers a charging app for electric vehicle owners designed to supply them with the “cheapest and cleanest electricity” available in their area. The idea is to have cars charged at off-peak hours when power is less expensive.
The startup claims that it manages charging for over 120k EVs daily.
ev.energy also offers an enterprise product, enabling companies to launch their own branded apps around EV charging.
”ev.energy has benefited from years of sustainable growth, product innovation and steady leadership. This has enabled it to close a significant funding round despite a turbulent economic climate. ev.energy’s approach to providing a convenient, compelling experience for drivers to charge at home and on the road during grid-friendly times is essential for grid operators. Combined with its V2G services, ev.energy positions utilities like National Grid as an accelerant to the clean energy transition.” – Bobby Kandaswamy, senior director of Pathfinding & Incubation Investments at National Grid Partners.