MobilityPlus, a leading Belgian-based solution provider in the European EV charging market, has raised a €40mn financing round from Suma Capital through its Climate Impact Fund III, an Article 9 fund dedicated to energy transition investments in Europe, and existing shareholder Concentra. This investment will accelerate the growth of MobilityPlus in Belgium and France with an end-to-end charging solution, including smart charging and Charging-as-a-Service (CaaS) solutions, to support its rapidly expanding client base of corporate and real estate clients in the transition to sustainable electric mobility.
Founded in 2016 and headquartered in Belgium with a subsidiary in France, MobilityPlus provides B2B integrated EV charging solutions for corporate fleets and real estate clients. The company’s all-in-one app offers a seamless experience for EV drivers, while its comprehensive platform and reporting tools provide detailed insights into charging data and energy consumption and management. With over 15,000 charging points installed in Belgium and France, and access to 550,000 charging stations across Europe through roaming, and a flexible CaaS model that eliminates upfront investments for clients, MobilityPlus is well-positioned to lead the transition to sustainable mobility.
IMPROVED acted as the exclusive financial advisor to MobilityPlus and its shareholders in this growth financing transaction. By leveraging its deep understanding of market dynamics and investor strategies, IMPROVED secured the optimal growth partnership to drive MobilityPlus’ expansion and solidify its leadership in the EV charging sector.
The investment of Suma Capital, through its Climate Impact Fund III, will support the company in significantly growing the portfolio of charging points in the fast-growing B2B and EV fleets segment.