London-based Andersen EV raises €1.1 million for its sleek smart electric vehicle charger

Today UK startup Andersen EV, which designs aspirational, sleek electric vehicle charge points, has landed €1.1 million growth capital from Mobeus. Andersen EV uses industrial-grade electronics to deliver enhanced performance, as well as advanced software for a range of smart charging functionality.

Founded in 2015, Andersen EV’s charge points are “worth driving home to”. Scandinavian inspired, the charge points include a patented solution which hides the cable and plug from sight and comes with a lifetime chassis guarantee. They’re stylish too – offering 40 different colour and finish combinations, so costumes can find one that suits their home.

The electric vehicles market has demonstrated resilience in the new COVID-19 environment, and is expected to continue its growth as a proportion of total vehicle sales as adoption benefits from significant environmental policy changes across Europe and the UK.

Andersen was introduced to Mobeus via the Women in VC network, and as part of the transaction, Mobeus has introduced Rob Mouser as Executive Chair. Mobeus Investment Director, Jane Reoch, commented: “Andersen has grown rapidly in an attractive market space. The team immediately impressed us with a high end product, best in class software and top tier OEM partnerships.“

Jérôme Faissat, Andersen EV’s co-founder and CEO, added, “We have a very clear philosophy, which meant finding the right investment partner, who really understood what drives us, was crucial. Going electric is a choice to embrace a sustainable future and we see EV chargers being at the centre of everyone’s smart energy home. This additional funding means that we are very excited about the next stage in our growth journey.”