Volteum, a Budapest-based B2B fleet software startup, has raised €2.5 million in a funding round led by Movens Capital, with participation from WakeUp Capital and Aidiom. Existing backers Day One Capital, Techstars and Nesprit also joined the round.
The company said the new financing follows its earlier €1.25 million pre-seed round, bringing total funding to €3.75 million.
Volteum develops a platform for operators managing mixed fleets across petrol, diesel, hybrid and electric vehicles. Its software is designed to help fleet managers make data-driven decisions around charging schedules, battery health, home-charging reimbursements, maintenance signals and electrification planning.
The fresh capital will be used to support expansion in the UK, BeNeLux and other Western European markets, while also accelerating product development as fleet operators continue to navigate the shift toward electrification.
The company said the new financing follows its earlier €1.25 million pre-seed round, bringing total funding to €3.75 million.
Volteum develops a platform for operators managing mixed fleets across petrol, diesel, hybrid and electric vehicles. Its software is designed to help fleet managers make data-driven decisions around charging schedules, battery health, home-charging reimbursements, maintenance signals and electrification planning.
The fresh capital will be used to support expansion in the UK, BeNeLux and other Western European markets, while also accelerating product development as fleet operators continue to navigate the shift toward electrification.