Heycharge raises US$4.7 million

With BMW i Ventures as lead investor, the Munich-based start-up can successfully close its seed financing round.

The start-up Heycharge has raised 4.7 million US dollars in its seed financing round. The largest investor here is BMW i Ventures.

Chris Cardé, founder and CEO of Heycharge, plans to use the new capital to position his company in the market globally and provide consumers with low-cost charging options for electric cars.

Heycharge was founded in 2020. The startup has developed "SecureCharge" technology to charge electric vehicles even in underground garages and parking garages - instead of an internet connection, only Bluetooth is needed to use the e-charging stations. The technology enables communication between the charger and an app. In combination, the charging boxes and software developed by Heycharge are expected to reduce the total cost of hardware, installation, communication and service by up to 80 percent. Both consumers and companies are thus offered a cost-effective solution that is suitable for everyday use.


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