ENAPI, a connectivity platform for the EV charging industry, has closed a 7.5-million-euro ($8.1-million) seed funding round led by Voyager Ventures. The new financing round, combined with a $2.7-million pre-seed round completed 10 months ago, brings the company’s total funding to $10.8 million. ENAPI will use the new funding to fast-track its plans to become “the clearing house for the EV charging industry.”
As any user of public EV charging knows, the user experience is generally poor, partly because the charging ecosystem is fragmented. ENAPI cites a McKinsey study that found that 70% of EV drivers are dissatisfied with the existing public charging infrastructure.
ENAPI’s software platform is designed to seamlessly integrate financial, technical and operational data flows among market participants in the EV charging ecosystem. The company provides the data infrastructure to instantly settle transactions between Charge Point Operators (CPOs) and e-Mobility Service Providers (eMSPs).
ENAPI is growing at a rapid rate—the company says it has onboarded over 350,000 charge points and 8 of Europe’s 10 largest eMobility Service Providers in less than six months.
“Our mission is to make EV charging transactions seamless, efficient and accessible,” said Jakob Kleihues, CEO and co-founder of ENAPI. “With free connectivity as a foundational layer, we help our partners achieve market-wide efficiencies and unlock lasting value.”
Source: ENAPI
Source link by Charged EVs
Author Charles Morris
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