Frankfurt-based &Charge has secured a follow-on investment from InnoEnergy, with Warsaw Equity Group joining as a new growth investor, as the company looks to expand its technology for operating public EV charging networks across Europe. Financial terms were not disclosed.
&Charge develops software and operational tools designed to improve the performance of public charging infrastructure by combining field intelligence, data analytics and execution workflows. The company says its platform helps charge point operators identify and resolve issues that remote monitoring often misses, including damaged cables, blocked charging bays, signage problems and site access restrictions.
The new funding will be used to build out what &Charge describes as an operational control layer for day-to-day charging network management, linking field data, usage insights and a distributed service partner network into a single system. The company currently works with operators including Ionity, Electra and Allego, and says it manages more than 50,000 charging points across multiple European markets.
The investment follows InnoEnergy’s initial backing in December 2023 and reflects continued investor interest in tools aimed at improving charger uptime and on-site reliability as Europe’s EV infrastructure expands.
&Charge develops software and operational tools designed to improve the performance of public charging infrastructure by combining field intelligence, data analytics and execution workflows. The company says its platform helps charge point operators identify and resolve issues that remote monitoring often misses, including damaged cables, blocked charging bays, signage problems and site access restrictions.
The new funding will be used to build out what &Charge describes as an operational control layer for day-to-day charging network management, linking field data, usage insights and a distributed service partner network into a single system. The company currently works with operators including Ionity, Electra and Allego, and says it manages more than 50,000 charging points across multiple European markets.
The investment follows InnoEnergy’s initial backing in December 2023 and reflects continued investor interest in tools aimed at improving charger uptime and on-site reliability as Europe’s EV infrastructure expands.