Lyon-based deeptech company Mob-Energy has taken a major step forward in expanding its horizons. After moving into new industrial premises at USIN Lyon Parilly, it has just announced a €10 million fund-raising round to support its growth.
After three years since its launch, Mob-Energy sees Charles, the very first autonomous recharging robot deployed in Europe, which charges 10 to 20 cars a day wherever they are parked with a single mobile “terminal”, as well as Eiko, a scalable recharging solution for private company and government parking lots, public parking lots, logistics hubs and airports, benefit from further financial backing. At a time when the start-up is beginning to industrialize its recharging solutions, which are manufactured in Lyon, France, it is closing a major €10 million fund-raising round, three years after a seed round.
The fund-raising was orchestrated by Axeleo Capital and organized by the investment bank Wagram Corporate Finance. It brings together a consortium of investors including a fund managed by Santander AM, Bpifrance, UI Investissement, Crédit Agricole, Fonds Énergies CMA CGM, EIT InnoEnergy and two private investors. This fund-raising marks an important turning point for the company, which also plans to expand internationally outside Europe in the coming years.
“The year 2023 marks a turning point for Mob-Energy. This Series A is our passport to an exciting and challenging chapter: industrial ramp-up. We made a choice in 2018 (date of the company’s creation, editor’s note) to have a share of industry in our project, a choice that today is bearing fruit. The know-how we’ve built up over the past five years, particularly in the reconditioning of used car batteries, gives a great deal of strength and meaning to the project“, says Salim El Houat, co-founder and president of Mob-Energy.
Joffe & Associés (Thomas Saltiel, Charlotte Viandaz and Rudy Diamant) advised AXELEO CAPITAL, BPIFRANCE INVESTISSEMENT and SANTANDER ASSET MANAGEMENT on this transaction.
