# JET Charge

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jet-charge-pty

- Industry: Power & Utilities
- Headquarters: Port Melbourne, Australia
- Website: www.jetcharge.com.au/
- Total disclosed funding: $22M
- Latest round: Series B (Nov 18, 2021)
- Investors on record: 7

## About

Based in Australia, JET Charge Pty Ltd provides innovative electric vehicle charging solutions, including high-quality chargers, cables, and installation services tailored for residential and commercial users.Founded in 2013 in Port Melbourne, Australia, JET Charge Pty Ltd specializes in electric vehicle charging solutions. The company has successfully secured AUD 72.00 mn in funding through 5 deals, with the latest being on December 19, 2024, led by Mirova. Co-founders Ellen Liang and Tim Washington have built the company without any known mergers or acquisitions.JET Charge specializes in providing a comprehensive range of electric vehicle (EV) charging solutions. Their core products include AC chargers and high-powered charging solutions designed for individual EV drivers, businesses, and large fleet operators. Their offerings cater to a diverse customer base across Australia, including homeowners, property developers, local governments, and businesses aiming to electrify their fleets, while also extending their products to various global markets.JET Charge operates with a revenue model that involves direct sales to consumers, partnerships, and wholesale arrangements. Their revenue streams include sales of chargers and cables, installation services, and a Charging as a Service (CaaS) model. Their online retail store offers an extensive range of products for home and commercial use, while their flagship products, CORE ChargeMate and PayMate solutions, contribute significantly to their revenue generation, promoting EV charging infrastructure adoption across Australia.In December 2024, JET Charge Pty Ltd raised AUD 72.00 mn in venture funding, led by Mirova with participation from Virescent Ventures, RACV, and Kilara Capital. The company plans to utilize this funding to transition the Australasian region from pilot projects to large-scale EV charging infrastructure, supporting growth in existing markets and expanding into new geographical regions.

## Funding rounds

- Series B, Nov 18, 2021, $22M — Clean Energy Finance Corporation, RACV, Kilara Capital, Claremont Capital, Four Us Pty Ltd, Uncommon Capital Pty Ltd, GOOD KISSING HOLDINGS PTY LIMITED

## Investors

- Clean Energy Finance Corporation — Series B
- RACV — Series B
- Kilara Capital (https://capitalatlas.ai/funds/kilara-capital) — Series B
- Claremont Capital (https://capitalatlas.ai/funds/claremont-capital) — Series B
- Four Us Pty Ltd — Series B
- Uncommon Capital Pty Ltd — Series B
- GOOD KISSING HOLDINGS PTY LIMITED — Series B
