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Helvetia Venture Fund invests again in German mobility start-up Chargery

The Helvetia Venture Fund is joining forces with Lead Ventures in the latest investment round for Chargery. The German mobility start-up is using the additional resources to drive growth in Europa and continue expanding its position as Europe's leading service provider for full-service offerings in the field of shared mobility.
05.11.2020 | Media releases
The Helvetia Venture Fund is participating in the current investment round for Chargery. This is the third investment of the Helvetia Venture Fund in the Berlin-based start-up. The investment round is led by Lead Ventures in Budapest. Chargery currently has around 300 employees and, thanks to the combination of people, intelligent software and innovative infrastructure solutions, provides highly efficient and sustainable services in the field of shared mobility. Chargery currently operates in 13 cities in four different countries. Its customers include shared mobility providers such as SixtShare, ShareNow and VOI. Chargery has a tried-and-tested business model and is in the process of scaling up its own services in other cities and countries.
Michael Wieser, Partner at the Helvetia Venture Fund, is pleased with Chargery's good performance: "Since our first investment in Chargery in June 2019, income has grown by a factor of around 20. The three founders and their team have shown that they can become a major player in this new mobility segment, which is also becoming more important for insurance companies." Christian Lang, CEO and co-founder of Chargery, adds: "We are delighted at the trust placed in us by our investors. Despite challenging conditions for the economy in general and the mobility sector, we were able to generate encouraging growth this year. Thanks to the current investment round and our great team, we can now expand the presence throughout Europe."
Video portrait of Chargery
[Caption] The founder team at Chargery: Christian Lang, Philipp Anders and Paul Stuke.

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