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ChargeX

Series B

ChargeX is an electric vehicle charging infrastructure company that provides complete charging solutions for commercial properties and real estate, delivering charging systems, installation, billing, and operation from a single source. The company's core product is the Aqueduct charging system, a patented plug-and-play solution that enables up to 10 charging points over a single power supply connection, with modular…

Energy Tech · Energy Storage Tech, · Munich, Germany · EST 2018

About

ChargeX is an electric vehicle charging infrastructure company that provides complete charging solutions for commercial properties and real estate, delivering charging systems, installation, billing, and operation from a single source. The company's core product is the Aqueduct charging system, a patented plug-and-play solution that enables up to 10 charging points over a single power supply connection, with modular expandability at any time. The system is MID- or eichrechtskonform (calibration-law compliant) for legally secure usage and billing in Germany. ChargeX offers two primary business models: for enterprises, where companies operate charging points themselves for employees, fleets, and guests with automated per-user billing; and for real estate, where property owners provide parking spaces and ChargeX handles operation and billing with tenants as direct ChargeX customers. The company's full-service package includes electrician service through a Germany-wide network of specialist partners for consulting, planning, and installation; the Aqueduct charging system; service and support with flexible service packages, company car home charging solutions, and personal support from an in-house team; and a pre-configured backend for management, monitoring, and automated billing of charging sessions. ChargeX has deployed over 6,000 charging points across 1,400+ sites for 800+ customers with over 800,000 charging sessions completed. Founded in 2018 and headquartered in Munich, Germany, ChargeX has raised $17.7M in Series B funding from investors including UVC Partners, Bayern Kapital, Ponooc, Verve Ventures, Energie 360, BonVenture, Hevella Capital, SmartEnergy Innovation Fund, EIT Urban Mobility, E.ON agile, Climate KIC, Tamiva Ventures, H&S Investment, Wi Venture, kopa ventures, and Move Energy.

Business model

Electric Vehicles > Charging Solutions > Plug in Charging,

Energy Storage Tech > Charging > Devices > Plug In > Electric Vehicle > Four Wheelers

Team background

College Wise > Technical University of Munich

Institutional investors

UVC PartnersBayern KapitalPonoocVerve VenturesEnergie 360 ​BonVentureHevella CapitalSmartEnergy Innovation FundEIT Urban MobilityE.ON :agileClimate KICTamiva VenturesH&S InvestmentWi Venturekopa ventures

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