We are excited to announce that AMPECO has raised $26 million in Series B funding, led by Revaia, with continued support from our existing investors Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. This milestone brings our total funding to $42 million since our founding in 2019, marking a significant step in our journey to enable and accelerate the global transition to electric mobility.
The Series B will fuel AMPECO’s growth plans while accelerating product enhancements and expanding into key markets like Western Europe, the Nordics, the UK, North America, and Southeast Asia. To support this, we aim to double our team size in the next two years.
“This investment is a testament to the hard work of our team and the trust our clients place in us,” said Orlin Radev, CEO of AMPECO. “With this funding, we’re poised to further drive innovation in EV charging management software, helping our clients build and scale robust charging networks that will accelerate the global transition to electric mobility. The positive market feedback has reinforced our vision for 2025 as we prepare to launch new platform capabilities focused on operational excellence and network scalability.”
Orlin Radev, CEO at AMPECO
Market Leadership and Recognition
Since our Series A funding in 2023, AMPECO has demonstrated remarkable growth. We now serve over 160 clients across 60 markets and connect more than 120,000 charging stations to our platform. This market leadership was recently validated by IDC MarketScape, which recognized AMPECO as a Leader in their 2024 assessment of worldwide EV charging management solutions.
Our platform’s versatility and reliability have attracted major EV charging providers across multiple regions. To name a few, in Europe, E.ON Drive Infrastructure has implemented our solution across 11 countries, while French market leaders ChargeGuru x Zeplug and INDIGO Group have chosen AMPECO to power their charging networks. Our expansion list continues with partnerships including US-based Free2Move and Nordic pioneers Wattif and Elaway, demonstrating our platform’s ability to meet the complex needs of large-scale EV charging providers globally beyond use cases and territories.
Our New Investor
Revaia is a leading technology investor, partnering with mission-driven entrepreneurs with global ambitions and sustainable leadership. With the support of major institutions, such as the European Investment Fund, Revaia helps these growth-stage companies navigate their entire life cycle from Series B to IPO or buyout. Revaia builds bridges between venture, private equity, and public markets and is a supportive sparring partner for entrepreneurs who are working to transform the world for the better. With offices in Paris, London and Berlin and presence in North America, its diverse team brings hands-on expertise and unique ESG know-how to the most promising technology scale-ups.
“We are thrilled to lead AMPECO’s Series B and partner with a company that is at the forefront of powering the future of electric mobility. At Revaia, we aim to back companies that deliver long-term and sustainable impact for multiple stakeholders. AMPECO is an excellent example of this vision in action, as it plays a crucial role in scaling EV infrastructures globally.”
Morgan Kessous, Partner at Revaia
“AMPECO’s unmatched customization, scalability, and seamless integration with third-party systems make it stand out as a key player in the charge point management space. In a market that demands both flexibility and reliability, AMPECO’s platform provides the critical infrastructure businesses rely on to operate their EV charging networks efficiently and at scale. We are proud to support AMPECO as it continues to expand and refine the platform, providing the infrastructure necessary for the global shift to electric mobility.”
This strong endorsement from our new lead investor comes as AMPECO continues to demonstrate significant momentum. This latest investment round follows last year’s $16 million raise, underscoring AMPECO’s rapid growth trajectory as we continue solidifying our position as a trusted partner for businesses looking to scale their EV charging infrastructure globally.
