© Wirelane

Wirelane expands Series B financing

Just this summer, Wirelane secured €18 million in fresh capital with its Series B. Now the charging infrastructure startup has announced it has received an additional investment in the mid-seven-figure range. The investor is Momeni Digital Ventures.

The Munich startup Wirelane, founded in 2016, is a Provider of charging infrastructure solutions in the field of public and semi-public charging of electric vehicles. The company's portfolio includes its own charging point solutions as well as an e-mobility platform for their operation and management. Wirelane also supports its customers in the planning, implementation, and subsequent operation of the infrastructure.

This summer, Wirelane received €18 million in growth capital as part of a Series B financing round. The round was led by Abacon Capital and other private investors. Momeni Digital Ventures has now joined the investor base, contributing an additional mid-seven-figure sum. The investment manager specializes in the development and management of high-quality real estate in the inner-city locations of major German cities. Through its investment, the Munich-based company now has improved access to this portfolio.

Wirelane on the way to becoming “one of the largest European charge point operators”

Juana M. Sacristán, Managing Director of Momeni Digital Ventures, says:

"The broad service portfolio, the excellent vision of the management, and the size and attractiveness of the market convinced us to invest in Wirelane. Wirelane is one of the fastest-growing electric mobility providers in Germany, and thanks to its scalable and technology-oriented business model, Wirelane has the potential to become one of Europe's largest charge point operators."

Tim Fischer Frics, also Managing Director of Momeni Digital Ventures, adds:

"With our investment in Wirelane, we are expanding our extensive portfolio of intelligent and user-friendly solution concepts. The technology developed by Wirelane fully meets the quality standards of both our tenants and our corporate group."

Constantin Schwaab, founder and CEO of Wirelane, says:

"With Momeni Digital Ventures, we have another renowned and strategically important investor on board, who not only sets the highest standards in terms of innovation, sustainability, and customer benefits, but also consistently supports our growth path to implement technologically leading charging infrastructure in the real estate industry."

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