WARSZAWA, 19-sierpnia-2024 — /EuropaWire/ — ChargeEuropa, a leading Polish electric vehicle (EV) charging infrastructure company, has secured significant international investment in its latest funding round, marking a major milestone in the company’s expansion plans. The round was led by Paris-based investment firm Shift4Good, which specializes in supporting environmentally focused companies and manages a capital pool of €200 million. This investment represents the first substantial French involvement in Poland’s burgeoning electromobility sector.

Shift4Good’s Managing Partner, Matthieu de Chanville, expressed enthusiasm about the collaboration, highlighting their commitment to supporting innovative companies that positively impact the environment. The partnership with ChargeEuropa aims to accelerate the expansion of EV charging infrastructure across Poland and Central and Eastern Europe (CEE).

Other notable investors in the round include Simpact Ventures, a Polish impact investment fund, MobilityFund, a German venture capital firm specializing in mobility and transportation, and Canard Ventures, a U.S.-based firm focused on creative technologies. Additionally, Alex Kostecki, a Swiss-Polish entrepreneur and co-founder of the financial app Clair, also participated, bringing valuable experience in scaling technology companies.

The newly acquired capital will enable ChargeEuropa to enhance its cutting-edge EV charging technologies, expand its team, and deploy new charging stations across Poland, with over 1,000 locations already in the pipeline. The company also plans to expand into new markets and solidify its position as a leader in the EV charging infrastructure sector in the CEE region.

Wojciech Majewski, Partner at Simpact Ventures, expressed confidence in ChargeEuropa’s potential to democratize access to clean transportation across both urban and underserved rural areas. Similarly, Jan-Christoph Rickers, Managing Director of MobilityFund, emphasized the innovative approach of integrating advertising with EV charging stations, which can make these stations profitable even in emerging markets.

Matt Tymowski, CEO of ChargeEuropa, expressed his excitement about the strong support from international investors. He noted that this investment would not only allow ChargeEuropa to improve its technology and expand its team but also accelerate its mission to make EV charging more accessible throughout Poland and beyond.

This latest funding round marks a significant step forward for ChargeEuropa and the Polish electromobility industry, demonstrating growing international interest and confidence in the sector’s potential. ChargeEuropa remains committed to creating sustainable solutions and setting new standards in the EV charging industry.

SOURCE: EuropaWire