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Eurazeo Leads €160M Funding Round In French Ev Company Electra

Jan 07, 2022almost 4 years ago

Amount Raised

€160 Million

Description

Eurazeo has led a €160 million funding round in Electra, a French company specialising in fast charging for electric vehicle (EVs).

Company Information

Company

Electra

About

As well as Eurazeo, the round included several other top-tier investors – RGREEN Invest, RIVE Private Investment, Serena, Groupe Chopard, SNCF (574 Invest) and RATP Group – and provides Electra with the funding to accelerate its coverage of France and expand in Europe to provide fast charging solutions. Eurazeo has led a €160 million funding round in Electra, a French company specialising in fast charging for electric vehicle (EVs).Electra is the third investment made by Eurazeo’s infrastructure strategy, after Ikaros Solar (Belgian provider of photovoltaic solutions) and Resource (Danish plastic waste sorting facility). Electra is the only fast charging specialist in France and will now have the means to compete with major European players.

Funding Insights

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