Virta Closes €85M Funding

Virta

Virta, a Helsinki, Finland-based provider of an electric vehicle charging platform, raised €85M in total funding.

The sum consisted of:

  • €65M equity investment led by Jolt Capital, and co-invested by Future Energy Ventures;
  • €20M from Business Finland.

The company intends to use the funds to accelerate market growth in Europe and Asia-Pacific.

Led by CEO Jussi Palola, Virta provides smart charging services for EV drivers and companies alike including an international charging network which enables EV drivers with access to over 350,000 charging points. Its digital platform connects all of the key players in the electric vehicle ecosystem and provides services for the whole value chain. Virta offers a channel to launch, scale, and operate commercial services in an EV charging ecosystem – as a primary business or as a value-added service.

Over 1 000 professional EV charging businesses in 35 countries run their EV charging services on Virta platform.

FinSMEs

25/04/2023