VoltShare News
VoltShare Secures £500,000 in Pre-Seed Funding Led by SFC Capital
London, UK
VoltShare, a leading provider of electric vehicle (EV) charging solutions designed specifically for the hospitality industry, today announced it has secured £500,000 in growth funding led by SFC Capital with support from London Co-Investment Fund, Bethnal Green Ventures, Copa Ventures and angel investors.
The majority of the funding will be used to fuel VoltShare's growth in the hospitality charging market through a strategic expansion of the company's sales and marketing efforts. This investment will allow VoltShare to reach a wider audience of hospitality businesses, further solidifying its position as a leader in this sector.
Additionally, a significant portion of the funding will be dedicated to the development of new technological features for VoltShare's innovative platform. These advancements will not only enhance the existing solutions offered to venues, but also pave the way for VoltShare to enter new EV charging market segments. The company envisions expanding its reach to include shared office car parks, residential block charging solutions, and fleet/commercial hybrid car park management.
"We are thrilled to be partnering with Bethnal Green Ventures, the London Co-investment Fund, and SFC, Copa Ventures and likeminded Angel Investors. VoltShare is committed to driving innovation and creating impactful sustainable solutions. I am very proud to announce the close of our oversubscribed pre-seed round with investment of over £500k, we are poised to accelerate our growth, scale our operations, and bring our market differentiating solutions to a broader market. We shall continue to work with our partners, suppliers and clients. Together, we can transform challenges into opportunities and pave the way for a brighter, more sustainable future." - Sheng Liu, Founder of VoltShare.
“We are excited to partner with VoltShare as they empower the hospitality industry to embrace the future of electric mobility. VoltShare's innovative solutions provide a win-win for the hospitality industry and EV drivers, and we believe the company is well-positioned for significant growth.” - Ed Stevenson, Investment Executive at SFC Capital.
About VoltShare
VoltShare is an integrated electric vehicle (EV) charging solution designed to meet the needs of sustainability-minded hospitality venues, pubs and holiday rentals. It offers a high-quality charger, mobile app, and unique pay-as-you-go business model that generates revenue for venue owners from every charge. It firmly establishes each venue's green credentials, whilst attracting like-minded guests who are increasingly searching for EV charging facilities when selecting locations to visit and stay in.
About SFC Capital
SFC Capital is the UK’s most active seed-stage investor, providing seed capital and support to promising British startups. By combining our leading investment funds with our angel syndicate, we have created a unique model that provides investors with diversified exposure to high-potential SEIS and EIS-qualifying businesses. Since 2012, SFC has invested in over 480 startups and partnered with the likes of British Business Investments to support innovation across all UK regions.
For further details on VoltShare’s EV charging solutions and their benefits for the hospitality sector, please visit VoltShare’s website.
More information about SFC Capital is available on their website.