What is Charge Amps?
Founded in 2012, Charge Amps designs, develops, and produces smart, user-friendly hardware and software for electric vehicle charging. Their product portfolio includes contemporary charging stations, charging cables, and an advanced cloud service, all developed and manufactured in Sweden. The company has expanded its reach globally, with its charging solutions available in over 32 markets. Charge Amps operates within the rapidly evolving electric vehicle sector, a market driven by increasing environmental awareness and governmental support for sustainable transportation. The company's focus on integrated hardware and software solutions positions it to capitalize on the growing demand for accessible and efficient EV charging infrastructure.
How much funding has Charge Amps raised?
Charge Amps has raised a total of $31M across 2 funding rounds:
Other Financing Round
$15.2M
Unspecified
$15.8M
Other Financing Round (2021): $15.2M with participation from Swedbank Robur, NyTeknik, and Microcap
Unspecified (2022): $15.8M, investors not publicly disclosed
Key Investors in Charge Amps
Swedbank Robur
Swedbank Robur is a major asset management firm and a wholly owned subsidiary of Swedbank, focusing on sustainable value creation and managing assets for millions of customers across Sweden and the Baltic countries.
NyTeknik
NyTeknik appears to be a media outlet or publication focused on technology, suggesting a potential strategic or informational role in the funding round.
Microcap
Undisclosed investor participating in the funding round, potentially a microcap fund or entity focused on smaller-cap investments.
What's next for Charge Amps?
The recent major strategic investment suggests Charge Amps is poised for accelerated expansion and product development. This capital infusion will likely fuel further scaling of operations, enhancement of its cloud service capabilities, and potentially broader market penetration into new territories. As the EV market continues its exponential growth, Charge Amps' ability to deliver integrated and aesthetically designed charging solutions will be critical. The company's commitment to Swedish design and manufacturing, coupled with its global presence, provides a strong foundation for future growth and market leadership in the electric mobility ecosystem.
See full Charge Amps company page
