Gireve, a French player in electric vehicle charging and decarbonisation of transport, announced it has raised €20 million from Partech’s Impact Fund. Under the terms of the agreement, the investor will participate in the company’s capital, reinforced by new capital contributions from existing shareholders.
The deal will further the platform’s expansion in Europe and internationally but also develop new services such as Plug & Charge and Clearing. It will also enable the company to develop its data and consulting solutions further.
Founded in 2013, and with a presence in 35 countries, Gireve connects mobility stakeholders with charging stations, making EV charging easy and seamless worldwide. With over 500,000 charging points connected to its platform, Gireve registers over 100 million charging sessions annually and is now a key player in the zero-carbon mobility ecosystem.
Eric Plaquet, Chairman of Gireve, said: “With this fundraising, we are financing our plan to improve our services continuously and offer an increasingly powerful and high-quality platform. We are also delighted with the renewed confidence of our long-standing shareholders, who support us in our drive for value and innovation. A big well done to the fantastic Gireve teams who make this adventure possible every day”.
Gireve’s platform already facilitates contracting, invoicing, and data exchange between different players in the sector. With this new round of financing, the company will increase the value it creates for its customers by accelerating the integration of new innovative services such as Clearing and Plug & Charge. It also provides the company with the means to finance its continued development in Europe and internationally.
Arnaud Minvielle and Rémi Said, General Partners of Partech Impact, added: “Partech Impact is delighted to enter into this partnership with Gireve. We were convinced by the platform’s central and essential position in developing electric vehicles in Europe, its capacity for technological innovation, its strong culture of customer service, and the commitment and quality of its teams. Gireve has what it takes to become a global leader in this new industry”.
Sophie Paturle, Managing Partner of Demeter, commented: “With the FMET (Fonds de Modernisation Ecologique des Transports) managed by Demeter, we are proud to have contributed to the rise of Gireve, a key player in the interoperability of electric vehicle charging stations – a key element in the development of the EV market – and very happy to welcome Partech on board to accelerate the realization of Gireve’s enormous potential, led by Eric Plaquet and the remarkable team around him.”
