Tech Company Financing Transactions
Driveco Funding Round
Driveco, based in Paris, secured $273.5 million in investment from APG Asset Management, Corsica Sole and Mirova.
Transaction Overview
Company Name
Announced On
5/11/2023
Transaction Type
Venture Equity
Amount
$273,463,000
Round
Undisclosed
Proceeds Purpose
The funding will support the company's expansion plan and consolidate its position as a player in electric vehicle charging infrastructure in France and in Europe.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
3, Place de Fontenoy
Paris, 75334
FR
Paris, 75334
FR
Phone
Website
Email Address
Overview
Expert in electric charging since 2010, and one of the only players to control the entire charging station value chain. DRIVECO currently operates more than 5,000 charging points in France and abroad. As a charge point operator, DRIVECO places the user at the heart of its system. DRIVECO's users benefit from the largest and most reliable charging network in France. Recharging your electric vehicle with DRIVECO is intuitive and economical through a smart mobile application or a badge from a mobility operator. DRIVECO aims to install and operate more than 60,000 charging points by 2030 throughout Europe. As a result, DRIVECO offers to finance the turnkey installation of charging stations in parking of supermarkets, commercial properties or companies while paying a rent to the parking owner.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ion Aluas
Chief Financial Officer
Charles Winterholer
Chief Marketing Officer
Maureen Houel
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About Our Venture Capital Transactions Database
We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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