AMPECO offers a white-label, hardware-agnostic EV charging management platform that covers public, private and home charging and currently serves over 160 clients across 60 markets and powers some 120,000 charging stations on all 6 continents. The customer list includes (in Europe) E.ON Drive Infrastructure, ChargeGuru, INDIGO Group, Wattif and Elaway; as well as (in the US) Free2Move. (See our Q&A with AMPECO CEO Orlin Radev.)
Now AMPECO has raised $26 million in a Series B funding round led by Revaia, with support from existing investors Cavalry Ventures, BMW i Ventures and LAUNCHub Ventures, bringing total funding to $42 million since the company’s founding in 2019.
The new funding “will fuel AMPECO’s growth plans while accelerating product enhancements and expanding into key markets like Western Europe, the Nordics, the UK, North America and Southeast Asia.” The company aims to double the size of its team size over the next two years.
“With this funding, we’re poised to further drive innovation in EV charging management software, helping our clients build and scale robust charging networks,” said CEO Orlin Radev. “The positive market feedback has reinforced our vision for 2025 as we prepare to launch new platform capabilities focused on operational excellence and network scalability.”
Source: AMPECO
