The round was led by VC firm Voyager Ventures, with participation from existing investors Project A, Seedcamp, and Helloworld VC. It builds on a 2.5 million euros pre-seed round in early 2024, bringing total funding to 10 million euros.
With more than 350,000 charge points onboarded and partnerships with 8 of Europe’s 10 largest eMobility Service Providers (eMSPs) in less than six months, ENAPI’s platform is growing fast.
ENAPI allows charge point operators (CPOs)/Charge Point Management Systems (CPMS) and eMSPs to clear transaction and exchange data about sessions. Currently this infrastructure is incredibly complicated and inefficient and can’t be scaled.
ENAPI’s platform makes it easy for CPOs and eMSPs to seamlessly and affordably communicate transaction data with each other. This leads to a seamless experience for drivers, who will no longer have to deal with poor information surrounding charger reliability.
The lack of information has created a complicated and frustrating experience has been one of the big barriers to the electrification of mobility so far (according to McKinsey, 70 percent of EV drivers are dissatisfied with public EV charging infrastructure).
Benefits to CPOs include allowing them to retain full control and flexibility, as well as zero transaction costs and improved data quality.
With most of its Pre-Seed funding still in the bank, this fundraise shows the market’s confidence in ENAPI’s ability to meet increasing demand, capitalise on its strong early momentum and become the go-to trusted partner for the EV charging industry.
“Our mission is to make EV charging transactions seamless, efficient, and accessible” said Jakob Kleihues, CEO and co-founder of ENAPI. “We want to make EV charging easier for everyone. Our platform makes payments and data transfer more efficient for every EV charging business so they can focus on advancing the EV revolution.”
The funds will be used to scale ENAPI’s secure and reliable transaction infrastructure, expand its presence in Europe and the US, and add to its top-tier technical team.
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