Fundz

Powerdot raised €165M in debt financing led by ABN Amro, BNP Paribas, ING, MUFG Bank, Santander, and Société Générale to expand its network of ultra-fast power charging points in Europe.

PRIVATEAug 09, 2024

Amount Raised

€165 Million

Round Type

Debt Financing

LisbonManufacturingAutomotiveElectric Vehicle

Investors

Société GénéraleSantanderMUFG BankIngBNP ParibasABN Amro

Description

Powerdot has secured €165 million in green financing to scale its ultra-fast EV charging points across Europe. This funding will help the company expand its network to over 3,100 locations by 2026 and enhance technology and user experience.

Quick answer

Powerdot raised €165 Million in a Debt Financing round, dated August 9, 2024. Investors: Société Générale, Santander, MUFG Bank, Ing, BNP Paribas and ABN Amro. Powerdot is based in Lisbon, Lisbon, Portugal.

How much did Powerdot raise?
Powerdot raised €165 Million in a Debt Financing round on August 9, 2024.
Who invested in Powerdot?
Société Générale, Santander, MUFG Bank, Ing, BNP Paribas and ABN Amro are named as investors in this round.
What does Powerdot do?
A sustainable world depends on the shift to electric mobility.
Where is Powerdot based and how big is it?
Powerdot is based in Lisbon, Lisbon, Portugal.

Source: Fundz verified event record.

Who else raised in Automotive and Electric Vehicle around the same time

Companies in the same sectors as Powerdot that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • DeepDrive raised $33M (Series B) on September 19, 2024.
  • Aptera Motors raised $200K (Seed) on August 23, 2024.
  • Ather Energy raised $71M on August 13, 2024.
  • Clean Electric raised $5.8M (Series A) on September 10, 2024.
  • Specter raised $2.2M (Seed) on September 10, 2024.

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Company Information

Company

Powerdot

Location

Lisbon, Lisbon, Portugal

About

A sustainable world depends on the shift to electric mobility. At Powerdot, we work to improve the experience of all electric vehicle users by creating charging solutions that are embedded in our lives. Supermarkets, shopping malls, restaurants, hospitals... We believe that there should be a charger everywhere we park our cars! Powerdot invests installs and operates EV chargers in car parking lots, providing a turn-key solution at no cost for the owners.

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Powerdot raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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