Munich’s HeyCharge Receives €2.5M EIC Grant to Boost EV Charging Technology

The funding will support HeyCharge’s SecureCharge FLEX project, accelerating development, certification, and large-scale piloting of its patented EV charging platform across multiple European countries. To date, HeyCharge has raised €6.3 million in private funding.

Founded in 2020, HeyCharge aims to democratise EV charging for apartment dwellers across Europe. Its SecureCharge platform eliminates the need for communications infrastructure, offering 100% reliable charging even in underground garages while cutting installation costs by over 40%.

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With around 200 million Europeans living in multi-unit dwellings, many park in garages with poor mobile or Wi-Fi coverage. Conventional EV chargers require constant connectivity for authentication and billing, making them unreliable in these settings and expensive to install due to network cabling, routers, specialist IT labour, and ongoing maintenance.

HeyCharge addresses this gap, enabling affordable and dependable home and workplace charging in existing buildings.

HeyCharge has already deployed its technology across more than 130 sites and 2,500 parking spaces in Germany, with over 123,000 additional spaces addressable through strategic partnerships with leading real estate operators – including Vonovia.

“Nearly half of Europe’s population lives in apartment buildings, and most of them park underground – exactly where internet-dependent chargers fail,” says Chris Cardé, Founder and CEO of HeyCharge.“Our technology works 100% reliably even in underground garages, and because we’ve eliminated the need for communications infrastructure the cabling, the specialist labour, the ongoing maintenance we cut installation costs by more than 40%. That’s how you democratise home charging. And this EIC Accelerator grant will help us bring it to millions of Europeans who have been shut out of the home charging revolution.”