AMPECO funding news – Sofia-based AMPECO has Raised $26 Million in Series B Round Funding

Orlin Radev, CEO of AMPECO said, “This investment is a testament to the hard work of our team and the trust our clients place in us, 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.”

The EV market is growing rapidly, with electric car sales expected to exceed 30 million by 2030. It highlights that this growth creates a strong need for more charging stations, estimating that 40 million public charging points will be needed globally by 2030, representing a $500 billion investment opportunity.

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AMPECO offering

It has partnered with major industry players like EON Drive Infrastructure in Europe, ChargeGuru x Zeplug in France, Free2Move in the US, and Nordic companies Wattif and Elaway. These partnerships show that it’s platform can meet the needs of large-scale EV charging networks around the world.

Morgan Kessous, Partner at Revaia, expressed confidence in AMPECO’s impact: “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,” said 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.”

With this new investment, it’s total funding reaches €39.9 million. The company plans to improve its platform, expand into important markets like Western Europe, Scandinavia, North America, and Southeast Asia, and double its team in the next two years.

About AMPECO

AMPECO believes electric vehicles are vital for a sustainable future. Transitioning to electric vehicles requires large networks of charging points connected to cloud-based software, ensuring a smooth charging experience for EV drivers.