AMPECO Raises $26 Million in Series B

by Kay Aloha Villamor in November 27th, 2024

AMPECO, a Sofia, Bulgaria-based provider of EV charging management platform, has raised $26 million in Series B funding. 

Investors 

The round was led by Revaia, with participation from Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. 

AMPECO Use of Funds 

The company plans to enhance its platform, expand operations into Western Europe, North America, and Southeast Asia, and double its team size over the next two years. 

About AMPECO 

AMPECO offers a white-label, hardware-agnostic EV charging management platform designed to support all EV charging business cases.  It has a comprehensive out-of-the-box feature set that allows quick go-to-market while providing unmatched flexibility and extensibility via API to enable businesses to build their differentiators. The platform supports charge point operators and e-mobility service providers, managing over 120,000 charging stations across 160 clients in 60 markets. 

Funding Details 

Company: AMPECO LTD 

Raised: $26.0M 

Round: Series B 

Funding Date: November 2024 

Lead Investor: Revaia 

Additional Investors: Cavalry Ventures, BMW i Ventures, LAUNCHub Ventures 

Company Website: https://www.ampeco.com/  

Software Category: EV Charging Management 

Source: https://www.prnewswire.com/news-releases/ampeco-secures-26-million-in-series-b-funding-to-accelerate-global-ev-charging-networks-302315955.html 

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