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Energy Tech Series B Founded 2018

ChargeX

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…

📍 Munich, Germany · Energy Storage Tech,

Funding snapshot

Last roundSeries B
Amount$13M
Date5 July 2023
Total raised$18M
Team size35

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 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

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