French EV charging startup Gireve raises €20M

The funding will be used to expand Gireve's product offering as well as expansion into international markets.
French EV charging startup Gireve raises €20M

Mobility startup Gireve has raised €20M for its European expansion from Partech.

Gireve connects mobility stakeholders with charging stations, with over 500,000 charging points connected to its platform. The company registers over 100 million charging sessions annually and is now a key player in the zero-carbon mobility ecosystem.

Under the terms of the agreement, the investor Partech, through its Impact Fund, will participate in the company's capital, reinforced by new capital contributions from existing shareholders. The €20 million deal will further the platform's expansion in Europe and internationally but also develop new services such as Plug & Charge and Clearing. It will also enable the company to develop its data and consulting solutions further. 

Gireve's platform already facilitates contracting, invoicing, and data exchange between different players in the sector. With this new round of financing, the company will increase the value it creates for its customers by accelerating the integration of new services such as Clearing and Plug & Charge. It also provides the company with the means to finance its continued development in Europe and internationally.

Arnaud Minvielle and Rémi Said, General Partners of Partech Impact, commented: "Partech Impact is delighted to enter into this partnership with Gireve. We were convinced by the platform's central and essential position in developing electric vehicles in Europe, its capacity for technological innovation, its strong culture of customer service, and the commitment and quality of its teams. Gireve has what it takes to become a global leader in this new industry.”

"We are very pleased to welcome Partech Impact as a shareholder.” said Eric Plaquet, Chairman of Gireve. “The support of a leading investor aligns with our logic of global growth at this stage of our development. The strategic alignment is strong, and the values are shared. With this fundraising, we are financing our plan to improve our services continuously and offer an increasingly powerful and high-quality platform. We are also delighted with the renewed confidence of our long-standing shareholders, who support us in our drive for value and innovation. A big well done to the fantastic Gireve teams who make this adventure possible every day."

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