Camion, a London, UK-based provider of an electric vehicle charging intelligence and analytics platform, raised EUR2.7M in Pre-Seed funding.
The round was led by EQT Ventures, with participation from First Look Capital and RitMir Ventures, along with angel investor Chris Adelsbach.
The company intends to use the funds to grow its engineering, machine learning, and data science team to further expand its platform.
Led by CEO and Founder Jacob Monroe, Camion is an infrastructure intelligence platform accelerating the electrification of real estate portfolios to scale the energy transition. It indexes properties based on their readiness and potential for electrification, enabling the largest real estate owners and infrastructure developers in the world to deploy infrastructure at scale and with confidence. The software platform enables real estate owners and infrastructure developers to discover properties at the nexus of supply and demand and enables rapid and scaled investment diligence and capital deployment. Further, it allows those real estate owners and infrastructure developers to connect and transact on high-value opportunities.
Commenting on the news, Jacob Monroe said: “The structural shift toward electrification is a huge opportunity for those who act swiftly to understand and deploy electric vehicle charging infrastructure where it is needed. As energy demand and generation become more distributed, electrified real estate will become the next great asset class in the $50 trillion global commercial real estate market. Camion exists to supercharge this once-in-a-century transition through a blend of machine learning, big data, and extensive industry insights.”
FinSMEs
24/04/2024