In a strategic move towards the consolidation of electric mobility, V2C has sealed an exciting €4 million investment round led by Mutua Madrileña. The insurer has contributed half of the funding through its startup investment vehicle, Mutua Ventures, while the other half has been backed by partners from Tech Transfer UPV (managed by Clave Capital) and the Easo Ventures fund.
International Expansion and Unique Management Model
This new investment will provide V2C with the necessary resources to strengthen its presence in Spain and boost its international growth. Carlos Vidal, CFO of V2C, highlights “the company’s unique management model, integrating the entire value chain from Valencia to lead in a continuously growing market”.
Exponential Growth and Continuous Profitability
The company celebrates impressive growth, increasing its charger production level sevenfold. Since its inception in 2015, V2C has demonstrated sound financial management, consistently maintaining a positive Ebitda. Growth and profitability with maximum commitment to innovation and technological excellence.
Backed by Recognized Investors
Pedro de Álava, Partner at Clave Capital, highlights the “commitment to high quality and sustainable Spanish technology” that the V2C charger production model represents. Teresa Gómez, Investment Associate at Easo Ventures, highlights the “strong and solid growth of the company based on an effective commercial strategy, with significant agreements in the electric mobility industry”.
Future Outlook and Commitment to Sustainability
Looking ahead, V2C has ambitious plans, such as selling 100,000 chargers in the next five years. The company also intends to launch new intelligent solutions for electric vehicle charging. Since its inception nine years ago, V2C has already commercialised thousands of e-Chargers for electric vehicles, making a significant contribution to the electric revolution.
This new chapter, supported by Mutua Madrileña and other strategic investors, reinforces V2C’s position as an innovative leader in the electric vehicle charger market, with the vision of actively contributing to the transition to a more sustainable and electric future.