AMPECO Raises $26 Million in Series B

AMPECO, a Sofia, Bulgaria-based provider of EV charging management platform, has raised $26 million in Series B funding.

The round was led by Revaia, with participation from Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures.

The company plans to enhance its platform, expand operations into Western Europe, North America, and Southeast Asia, and double its team size over the next two years.

AMPECO offers a white-label, hardware-agnostic EV charging management platform designed to support all EV charging business cases. It has a comprehensive out-of-the-box feature set that allows quick go-to-market while providing unmatched flexibility and extensibility via API to enable businesses to build their differentiators. The platform supports charge point operators and e-mobility service providers, managing over 120,000 charging stations across 160 clients in 60 markets.

Funding Details

Company: AMPECO LTD

Raised: $26.0M

Round: Series B

Funding Date: November 2024

Lead Investor: Revaia

Additional Investors: Cavalry Ventures, BMW i Ventures, LAUNCHub Ventures

Company Website: https://www.ampeco.com/

Software Category: EV Charging Management