Necture secures €7M Series A to optimise EV Fleet Management

EV fleet management company Necture, formerly known as Ubiq, today announced it has secured additional funding, bringing its total Series A raise to €7 million. 

The company helps businesses optimise their fleets and transition seamlessly to EVs using a unique human-driven technology solution. 

Necture's predictive SaaS-based platform provides data for fleet managers to make vehicle-specific recommendations for operational tasks such as rebalancing and charging. 

This increases the adoption of electric fleets, as uptime is optimised and costs are reduced. 

Working together with shared mobility providers such as MILES (Germany), Eloop (Vienna) and Awto (Santiago, Chile), the company manages 15,000 vehicles across Europe and the Americas. 

Necture is forming a collaboration with a leading car manufacturer and mobility provider to be announced soon.
Smart Energy Innovationsfonds and Verbund X Ventures led the investment round, joining existing investors Speedinvest and smartworks innovation GmbH.

According to Christian Adelsberger, Necture Founder and CEO:

"The pace of climate change demands bold action. This investment reinforces our vision of a sustainable future powered by EVs, and it empowers us to reach more businesses and make a real difference. 

We are thrilled to tighten our relationship with Smart Energy Innovationsfonds and Verbund X Ventures, and we believe their deep understanding of the energy and mobility sectors will be invaluable."

Lars Hennersdorf, Investment Manager at Smart Energy Innovationsfonds, shared:

"Necture's human-driven technology approach to EV fleet management is truly innovative and addresses a critical need in the market.

Combining software with hardware infrastructure is crucial. Necture will make shared mobility and fleets more accessible and accelerate their roll-out. 

And we believe this can be also extended to other mobility offerings in the future. This also supports the strategic direction of our fund."

Franz Zöchbauer, Managing Director of VERBUND X Ventures, adds: 

Necture's expertise in both car sharing and fleet management, combined with their data-driven platform, uniquely positions them to address the specific needs of businesses transitioning to EVs. The company has shown tremendous growth. Our investment will accelerate this even further.

Necture's will significantly impact the electrification of corporate fleets - we're looking forward to being a part of this journey."

Lead image: Christian Adelsberger, Necture Founder and CEO. Photo: uncredited.