EV Charging Start-Ups Book Big Venture Capital Rounds

Numbat, Kempten (Allgäu) EV charging, EUR 140 – EUR 1 billion 

This company from provincial southern Germany focuses on the installation of charging stations in supermarket and business parking lots. Numbar received a commitment from real estate firm Patrizia and a bank consortium for up to a billion euros in financing. The first installment was a cool EUR 140 million.
 

ZEITSTROM, Berlin, EV charging, undisclosed nine-figure sum 

Although declining to name a specific amount, this charging station infrastructure start-up from the German capital reported taking in a nine-figure sum in venture capital. ZEITSTROM’s business model includes not only planning and implentation but investment and operational costs for keeping electric vehicles supplied with power.

Nexwafe, Freiburg, solar power cells, EUR 120 million+

This spinoff of the renowned Fraunhofer Institute of Solar Energy Systems is one of Germany’s most highly touted start-ups and took in EUR 120 million on top of EUR 30 million raised earlier this year. The fresh capital will be used primarily to expand production capacity, says Nextwafe. 

Numa, Berlin, tourism, USD 59 million 

The USP of this up-and-coming tourism chain from the German capital is that its hotels operate without permamently present personell. Numa’s successful funding round was led by the Verlinvest VC fund, which enjoys the support of the beer dynasty Anheuser-Busch. 

Moss, Berlin, fintech, EUR 50 million 

This well regarded newcomer offers virtual and physical company credit cards, digital billing management, tools for recompensing employee expenses and automized bookkeeping. Moss is considered a leading candidate to become one of Germany’s next unicorns.