Chargery collects five million euros in capital
The Berlin startup Chargery has announced the conclusion of a new financing round of five million euros. Founded in 2017, the company specialises in software and infrastructure solutions and services for the shared mobility sector.
The financing round was led by Lead Ventures, a venture capital company based in Budapest. The Helvetia Venture Fund of the Swiss insurance company Helvetia also participated once again as an existing investor. At the end of 2018, the car rental company Sixt also joined Chargery.
The company started as a mobile charging service offered to other sharing companies, such as Share Now, Voi or Sixt Share. The prospect of reducing downtime in their electric fleets played a significant role in vehicle rollout. In the meantime, Chargery greatly expanded its range of services from mobile charging to the provisioning of sharing fleets and has added software and infrastructure solutions. Besides, the company has now expanded into 13 cities in four countries and increased its workforce to 300 employees.
“Despite difficult circumstances for the global economy and the mobility sector, we were able to achieve significant growth this year,” notes CEO Christian Lang. In the coming months, Chargery aims to expand into other countries and cities. The overriding goal is to take over all operations for shared mobility providers and ensure that the availability of fleets is significantly increased.
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