# Bonnet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bonnet

- Industry: Software
- Headquarters: London, UK
- Website: www.joinbonnet.com
- Total disclosed funding: $6.8M
- Latest round: Seed (Feb 23, 2022)
- Investors on record: 8

## About

Based in London, UK, and founded in 2019 by Patrick Reich and Eliot Makabu, Bonnet Limited operates as a developer of an electric vehicle charging platform. In March 2022, Bonnet Limited raised EUR 4 million in venture funding from investors Lightspeed Venture Partners, GV, Parkwalk Advisors, 20VC, APX, and Ascension Ventures.

Bonnet Limited provides drivers with access to a network of electric vehicle chargers. The company provides public chargers and allows access to all charging networks using one subscription while showing charger availability information and having contactless payment, customers with access to charging points while providing businesses with charging infrastructure.

The company generates revenue by charging payment per month for the charging refill amount chosen by the customers. The company charges EUR 50 for 200kWh each month. 

The company plans to use the funds to triple its headcount by the end of 2022 and further expand charge point coverage to include the majority of chargers throughout the UK and Europe.

## Funding rounds

- Seed, Feb 23, 2022, $5.6M — Lightspeed Venture Partners, GV, Parkwalk Advisors, Ascension, 20VC, APX
- Seed, Aug 20, 2021, $1.2M — Ascension Ventures, Imperial College Endowment, APX

## Investors

- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Seed
- Imperial College Endowment — Seed
- APX (https://capitalatlas.ai/funds/apx) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- GV (https://capitalatlas.ai/funds/gv) — Seed
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Seed
- Ascension (https://capitalatlas.ai/funds/ascension) — Seed
- 20VC (https://capitalatlas.ai/funds/20vc) — Seed