Skip to main content
European Commission logo
Enterprise Europe Network

French company developing the energy flexibility platform enabled by e-mobility is looking for a strategic investor

Summary

Profile Type
Business Offer
POD Reference
BOFR20240517025
Term of Validity
17 May 2024 - 17 May 2025
Company's Country
France
Type of partnership
Investment agreement
Targeted Countries
All countries
Contact the EEN partner nearest to you for more information.
Find my local partner

General information

Short Summary
The company is developing an energy flexibility platform enabled by e-mobility. Operating shared charging stations, electric vehicles and renewable energy for communities and businesses, the company presently powers over 200 cities solutions. Decarbonization is made easy through SaaS+IoTs, end-to-end operations from integration to monetization and energy management. The company seeks an investment to integrate PVs and e-stations, expand its services across Europe, and operate 40x more e-systems.
Full Description
The company installs and manages the sharing of charging stations, electric vehicles, and renewable energy for municipalities and companies committed to the energy transition. It is becoming a holistic flexibility platform, simplifying the whole e-mobility ecosystem through management and sharing.
The company leverages its wide market reach through more than 200 cities with leadership on territories, more than 20 real estate promoters and logisticians across the capital and B2B2C operating model to enable flexibility or all communities.
The Group 14 year expertise in the inclusive energy transition built with and for communities will be critical in energy management momentum. With a unique end-to-end plug-and-play offer combining Saas and IOTs, the comapny makes decarbonizing easy.

Today, it helps communities :
- Integrate customers e-stations
- Share installations
- Manage bookings and energy
- Monetize
- Connect e-systems
- Monitor usage and emissions
- Advise on funding and regulations.

Tomorrow, integrating renewable energy installations with smart alogithms directly to the platform will enable Flexibility : a 360 optimization of energy from the source to its usage and impact.

Its solution has been chosen by more than 200 cities, real estate, universities, regions and so on. Its strength is targeting towns and communities and our product is the only one that can be set at any size of customer from 1 to hundreds of cars.

The company aims to grow both organically, supported by the French GreenFund and European objectives, and inorganically throughout Europe. With the first V2X and self-consumption projects, 2024 is also the starting year for solar energy management plugged to the platform at the dawn of the flexibility era. The company is looking for an 8 million euro investment to unlock the human and tech strength as well as infrastructure capacity to fast-track this energetic growth plan.

In 2019, the company has decided to turn EBIT positive therefore, it know it can achieve its growth ambitions on mature grounds.

Today, the company manages 800 charging points and 500 EVs in more than 200 cities. Tomorrow, it will first and foremost integrate PV installations to complement e-systems and then operate 400 e-systems with 5 000 charging points and 2 500 EVs in the mid-term. Long-term, it aims at operating 20 000 EVS and twice as much charging points throughout 3 200 e-systems.

The company is therefore looking for a strategic partner committed to the energy transition in the regions, interested in flexibility, the Saas and IOT approach to asset management and optimized electric mobility.
Advantages and Innovations
Advantages:
- A unique 360 e-mobility in-house expertise. The company has a unique 14 years of experience in managing electric assets, from EVs, to smart charging points, smart key boxes and smart parking doors, owning its own IOTs. The company can operate a wide range of e-mobility asset, agnostic of EV and CP, and make them smart thanks to in-house team capabilities.
- European partnerships. The company has embarqued in innovative European projects and developed strong partnerships with labs (renewable energy, mobility, city planning experts) and innovative companies (carsharing, energy management, other mobility services).
- A unique monetizing capability. Enabling communities to share their vehicles, and charging points and be compensated financially by the usrs, according to the rules and tariffs they impose, under a white label solution.

Innovations:
- Only platform with car sharing, Charging Point Operator and Electromobility Service Provider, Energy Management in one hand
- Charging station pre-equipped for sharing EVs
- White-label application for local car-sharing and/or recharging, adaptable to all models of vehicle and recharging point, and all sharing and pricing models.
- OCPP2.0.1, V2X ready and direct link between property smart metering and charging station for power flexibility
Sustainable Development Goals
Goal 13: Climate ActionGoal 9: Industry, Innovation and InfrastructureGoal 11: Sustainable Cities and CommunitiesGoal 7: Affordable and Clean Energy
IPR description
The company is looking for a strategic investor willing to have a leading hand on the EUR 8 million funding round out of which more than half is already secured by followers. This funding round will support the development company's energy flexibility solution through a reinforcement of the tech platforms, a deployment in Europe through organic and inorganic growth, strengthening the sales force and adding solar infrastructure capex. It will in turn offer a turnkey flexibility solution building on 14 years' experience in managing solutions for sharing electric vehicles and smart charging points for municipalities, collective housing, LEZs, etc.

Partner Sought

Expected Role of a Partner
On top of the financial support, the company expects its strategic investors to understand and guide the deployment of its new verticals and tech investments and could potentially propose to build synergies based on energy management rationals across their portfolio.
Type and Size of Partner
SME 50 - 249Big companyOtherSME 11-49SME <=10
Type of partnership
Investment agreement

Call details

Coordinator required
Yes

Dissemination

Market keywords
06011 - Energy for Transport06010002 - Energy for the community/public sector
Sector Groups Involved
Renewable Energy
Targeted countries
All countries