MobilityPlus, a leading Belgian provider of solutions in the European electric vehicle (EV) charging market, has raised 40 million euros from Suma Capital through its Climate Impact Fund III, an Article 9 fund focused on energy transition investments in Europe.
Previous investors, such as Concentra, have also increased their stake in MobilityPlus, underscoring their confidence in the company’s strategy and growth vision.
This capital injection will accelerate MobilityPlus’s growth in Belgium and France with an end-to-end charging solution for corporate fleets and real estate clients, supporting companies in their transition to e-mobility while meeting decarbonisation targets and providing the best charging experience and significant cost savings.
The company offers B2B charging solutions and innovative services for the entire EV charging value chain for corporate fleets and real estate clients.
Its all-in-one app provides a seamless experience for EV drivers, while the comprehensive platform and reporting tools offer companies deep insights into charging data and energy consumption and management.
With over 15,000 charging points installed in Belgium and France, roaming access to 550,000 charging stations across Europe, and a 24/7 helpdesk for remote and on-site support, MobilityPlus ensures a smooth transition to electric mobility.
The company has also launched an innovative Charging-as-a-Service model, where it assumes infrastructure investment costs without any upfront costs for clients, providing a flexible and efficient end-to-end service for employees and customers.
This model involves significant Capex investment, making the alliance with an infrastructure fund like Suma’s Climate Impact Fund III strategically valuable.
Suma’s investment through Climate Impact Fund III will support the company’s substantial growth in its portfolio of charging points in the fast-growing B2B and EV fleet segments.
“The company has an impressive track record with innovative charging solutions, sustainable growth, and a solid customer base. We’re thrilled to support their further expansion towards decarbonising transport and mobility,” said Ruperto Unzué and Jérôme Petitjean, partners at Suma Capital.
“Our investment will consolidate the company’s business development and finance Charging-as-a-Service projects for clients. Our goal is to promote economic growth with a positive impact on both the environment and society, and MobilityPlus fits perfectly with that vision,” they added.
“This capital injection is essential to further expanding our technological edge and enhancing our smart charging solutions,” said Jean-Francois Cheyns, founder and Co-CEO of MobilityPlus.
“We continue to focus on improving the user experience through the development of innovative technologies and advanced energy management systems. This allows companies to lower their charging costs while meeting increasingly stringent regulations, strengthening our position in the B2B market and expanding our impact on sustainable mobility,” he added.
“In a rapidly evolving market, standing still is not an option – and organic growth alone won’t be enough,” said Kris Pensaert, Co-CEO of MobilityPlus.
Future Plans and Expansion in France
With Suma Capital’s investment, MobilityPlus is poised to set new standards in the EV charging sector.
Alongside growth in Belgium, the company aims to accelerate its operations in France, focusing specifically on the B2B market and real estate clients to deliver seamless, efficient, and fully integrated charging solutions.
