ChargeX
Latest round
- Series B
Last raised
- Jun 2023
Total raised
- $17M
Investors
- 7
About ChargeX
ChargeX GmbH, founded in 2018 in Munich, Germany, specializes in providing charging solutions for electric vehicles. The company was established by Davit Khasia, Johannes Meschenmoser, Michael Masnitza, and Tobias Wagner, who also serves as CEO.ChargeX specializes in providing comprehensive charging solutions tailored for businesses, focusing on their modular charging system known as the Aqueduct charging system. This patented plug & play solution allows for seamless expansion and installation of charging stations suited to the needs of companies across various sectors, including hotels, car dealerships, and corporate fleets. The system is designed for fast installation, smooth commissioning, and straightforward billing, ensuring compliance with MID or calibration laws for legal operation. ChargeX serves clients throughout Germany and aims to enhance the charging infrastructure for organizations with on-site charging options for employees, fleet vehicles, and guests.70 in 2021. This is supplemented by service contracts and maintenance packages for its clients. The transaction structure is predominantly B2B, focusing on partnerships with companies that require charging solutions for their electric vehicle fleets or to enhance their facilities with charging stations for employees and guests. Clients typically engage in agreements that may include upfront payments for hardware installation alongside recurring fees for service maintenance and software usage. The pricing structure is designed to cater to various business needs, providing options for one-time setup costs as well as ongoing service fees that align with the operational requirements of the charging infrastructure. ChargeX plans to introduce new products based on their innovative charging technology, although specific release dates have not been disclosed. The company is also looking to expand its market reach beyond Germany into additional European countries, with specific targets and timelines yet to be defined.
Who invested in ChargeX
7 investors across 2 rounds
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Questions about ChargeX
Who invested in ChargeX?
ChargeX has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ChargeX raised?
ChargeX has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ChargeX last raise money?
ChargeX's most recent round on record is a Series B, in Jun 2023.
What does ChargeX do?
ChargeX GmbH, founded in 2018 in Munich, Germany, specializes in providing charging solutions for electric vehicles.
Where is ChargeX headquartered?
ChargeX is headquartered in Munich, Germany.
Which VCs invest in companies like ChargeX?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back power & utilities companies at ChargeX's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series B
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