Char.gy (Series C)
Funding Details
Awarder
Inbox
Date Award
June 21, 2024
Vertical
EV Charging
Funding URL
View Funding Page
Funding Amount
$118,200,000
Company Info
Founding Year
2016
Traction
Char.gy plans to expand its current network of over 3,000 charge points to 100,000 by 2030, facilitating the transition for up to 1 million drivers. The company has a network availability exceeding 99 per cent and aims to meet the UK's anticipated need for 300,000 public chargers by 2030.
Organizations Involved
Charging Infrastructure Investment Fund (CIIF), Zouk Capital
Founders
Richard Stobart
Market
Electric Vehicles
Location
UK
Coinvestors
Charging Infrastructure Investment Fund (CIIF), Zouk Capital
Company Description

Char.gy is a provider and operator of electric vehicle (EV) charge points in the UK, managing a network of over 3,000 public charging stations. The company aims to accelerate the transition to sustainable transport by offering reliable, convenient, and affordable charging infrastructure accessible to all, particularly addressing the needs of the 40 per cent of UK households without private driveways who rely on public charging solutions.

Links
Website
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