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§ Private Profile · Munich, Bayern, Germany
Modular EV charging infrastructure for medium-sized businesses, optimizing workplace & parking facilities with cost savings.
Based in Munich, Germany, ChargeX develops modular electric vehicle charging infrastructure solutions designed for underground parking garages and commercial employee lots. The company's flagship Aqueduct system utilizes sequential load management and intelligent charging algorithms to power multiple vehicles from a single main connection, reducing hardware and installation costs by 50 percent. Serving primarily medium-sized businesses and commercial tenants, the enterprise has installed several thousand charging points across its target markets as of 2023. The organization also launched an installation service called Fastlane, enabling corporate clients to receive comprehensive total cost quotes for infrastructure within a single day. To support ongoing expansion, the firm secured an €11.5 million Series B financing round in July 2023 led by UVC Partners, alongside BayernKapital, Ponooc, and Verve Ventures. ChargeX was founded in 2018 by Tobias Wagner and Michael Masnitza.
ChargeX has raised $17.7M across 2 funding rounds.
ChargeX has raised $17.7M in total across 2 funding rounds.
ChargeX has raised $17.7M across 2 funding rounds. Most recently, it raised $12.5M Series B in July 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 7, 2023 | $12.5M Series B | — | Bayern Kapital, BonVenture, Energie 360, Ponooc, Verve Ventures | Announced |
| Jan 18, 2022 | $5.1M Series A | — | BonVenture, Hevella Capital, Smart Energy Innovationsfonds | Announced |
ChargeX has raised $17.7M in total across 2 funding rounds.
ChargeX's investors include Bayern Kapital, BonVenture, Energie 360, Ponooc, Verve Ventures, Hevella Capital, Smart Energy Innovationsfonds.