Germany’s Service4Charger tops up with €7.5 million from bp ventures

German EV charging infrastructure and maintenance firm Service4Charger supplies all manner of charging infrastructure to private, public and commercial customers. It also prides itself on its host of “Mobile Heroes” who are in-house trained and digitally equipped electrical engineers that come running when you point your charging connector to the sky. Well maybe not, but they will attend to all your maintenance needs. 

Service4Charger has just raised a €10 million Series A - the breakdown being €7.5 million from bp ventures and €2.5 million from Smart Energy Innovationsfonds, the corporate venture capital arm of Energie 360°. Lars Hennersdorf of Smart Energy Innovationsfonds will join the Service4Charger advisory board. 

“The new capital will enable Service4Charger to expand into additional markets and add more local operational staff and Service4Charger Mobile Heroes to our team across Germany. In this way, we are doing our part to expand the charging infrastructure for e-vehicles, which is critical to the transition to a lower-carbon European economy. We welcome the funding from, and collaboration with, bp and its German brand Aral as well as Energie 360° as we work together to drive the electrification of mobility,” says Lucas Althammer, CEO of Service4Charger. 

Already in partnership with bp ventures they pair have now signed a multi-year commercial agreement to expand several thousand charging points within the next few years.

"As bp pulse rolls out EV charging it is essential that we have the right skill sets and expertise to make charging installations an efficient process and to service our growing network of EV charge points. The investment into Service4Charger brings bp a collaboration that can enable rapid and reliable installation and servicing of EV charge points in Germany,” says Gareth Burns, vice president of bp ventures.