The Helvetia Venture Fund and Vinci B.V. are investing in Chargery for a second time and thus consolidating their participation in the German start-up. Both risk capital providers invested in the company last summer. Chargery is taking over all the operations from shared mobility providers with a combination of innovative software and numerous services. In recent months the young company experienced strong growth and expanded its services to the cities of Munich and Hamburg. The new capital will serve to further expand and develop new markets – Chargery will focus on the micromobility sector in particular in 2020.
"Chargery has achieved impressive growth in a very short time. Both existing customers and potential customers in the pipeline appreciate the services and high degree of agility that Chargery offers. The founders have shown that they can build a strong team and are ready for the next stage of growth", says Michael Wieser, partner at the Helvetia Venture Fund.
"Together with the Chargery team we want to exploit the currently excellent momentum with the additional investment and continue the very strong growth path achieved in recent months", Holger Heinen, a member of the Investment Committee at Vinci B.V., sums up.
Christian Lang, CEO and co-founder of Chargery: "We are very pleased with the trust that has been placed in us again. The financing is a clear signal from our current investors, confirms us on our growth trajectory and underscores the very good cooperation with our investors and customers. The new capital enables us to expand into other German and European cities and to develop our services for micromobility."
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