&Charge attracts investors

The company has won over investment firms Helen Ventures and Porsche Ventures, according to a media report.
The start-up &Charge, based in Frankfurt am Main, has apparently been able to convince well-known investors of its merits. The corporate venture capital arm of energy company Helen, Helen Ventures and Porsche Ventures have invested, as German startups reported.
The company had been founded in 2019 by Eugen Letkemann, Matthias Drechsler and Simon Vogt. It has launched a customer loyalty program for e-mobility: Customers can, for example, exchange purchases for charging power for e-cars or free e-scooter rides.
Already well-known companies are listed as partners of the start-up: Among them are the retail companies Conrad, Edeka, Ikea and Saturn or the online providers Shop Apotheke, Asos, Booking.com, Lieferando and the Zalando Lounge. Also represented are, among others, the clothing brand Under Armour, the mail order company Otto or energy supplier Maingau.

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