Amsterdam-based smart mobility startup Chargetrip raises late seed round to scaleup operations

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Based out of Amsterdam, Chargetrip offers smart navigation for Electric Vehicles as an API based SaaS platform. Recently, the company has raised a late-seed investment round led by Norwegian impact investment firm Vindeggen.

CEO and co-founder of Chargetrip Gideon van Dijk:

We are proud to onboard this experienced group of investors, each bringing a wealth of knowledge on key focus areas. The investment enables Chargetrip to rapidly scale and fulfill our ambition of accelerating mass EV adoption and advancing the global energy transition.

Other investors, including Total Carbon Neutrality Ventures, APX (Axel Springer & Porsche), and impact investors from the Netherlands and Switzerland, also participated.

As per the company claims, the new investment will be used to extend Chargetrip’s technical and commercial teams, thereby growing the global demand for Chargetrip’s services.

For the uninitiated, the Dutch company’s routing engine uses over fifteen different variables to calculate the real-time range of any electric vehicle. Temperature, weather, charge speed, elevation, rolling resistance, real-time vehicle data, and availability of charge stations are all taken into account.

The company’s routing algorithms calculate the best route to a driver’s destination, with the optimal charge stations in between. This makes it easy for anyone to take any EV beyond the range of the battery and switch to electric driving.

Girish Nadkarni, Chief Executive Officer of Total Carbon Neutrality Ventures:

To drive the adoption of EVs by commercial fleets and individual drivers, it is critical to address range anxiety. It’s not just about having enough charging stations, but also about finding them in an easy and timely manner. Thus, we are happy to bring our support to Chargetrip that’s offering an important and impressive step in that direction.

Main image credit: Chargetrip

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