VoltShare, a provider of electric vehicle charging solutions for the hospitality industry, has secured £500,000 in growth funding.
The round was led by SFC Capital with support from London Co-Investment Fund, Bethnal Green Ventures, Copa Ventures and angel investors.
The majority of the funding will be used to fuel VoltShare’s growth in the hospitality charging market through a strategic expansion of the company’s sales and marketing efforts.
It will also be used to develop new technological features to pave the way for VoltShare to enter new EV charging market segments including shared office car parks, residential block charging solutions, and fleet/commercial hybrid car park management.
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“We are thrilled to be partnering with Bethnal Green Ventures, the London Co-investment Fund, the Start-up Funding Club, Copa Ventures and likeminded angel investors,” said founder Sheng Liu.
“VoltShare is committed to driving innovation and creating impactful sustainable solutions. We are poised to accelerate our growth, scale our operations, and bring our market differentiating solutions to a broader market.”
Ed Stevenson, investment executive at SFC Capital, added: “We are excited to partner with VoltShare as they empower the hospitality industry to embrace the future of electric mobility.
“VoltShare’s innovative solutions provide a win-win for the hospitality industry and EV drivers, and we believe the company is well-positioned for significant growth.”
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