HeyCharge raises €2.5M Growth round
The funding will support the SecureCharge FLEX project, accelerating development, certification, and large-scale pilot deployments of HeyCharge’s EV charging platform across multiple European countries.
“Our technology works 100 per cent reliably even in underground garages, and because we’ve eliminated the need for communications infrastructure - the cabling, the specialist labour, the ongoing maintenance - we cut installation costs by more than 40 per cent. That’s how you democratise home charging.”
Investors
Competitive Landscape
Direct competitors: Monta (Series B, €130M+ raised, EV infrastructure management platform), Ev.energy (Series B, $33M raised, smart charging software), and ChargeLab (Series A, $15M raised, hardware-agnostic charging OS). Legacy incumbents: ChargePoint and Wallbox (established public market leaders with 10M+ users). Market context: High-growth category focused on democratizing EV access, with HeyCharge specializing in a niche for underground and apartment garages where internet connectivity is limited.
About European Innovation Council (EIC) Accelerator
Notable portfolio companies: Octave (circular battery energy storage), Endurosat (nanosatellite communications), VoxelSensors (3D perception for spatial computing), Oxolife (fertility biotechnology), QuantaMap (quantum metrology and chip inspection), and Brineworks (ocean-based CO2 and hydrogen extraction).