Heycharge raises US$4.7 million
With BMW i Ventures as lead investor, the Munich-based start-up has successfully completed its seed financing round.
The start-up Heycharge has raised 4.7 million US dollars in its seed financing round. The largest investor is BMW i Ventures.
Chris Cardé, founder and CEO of Heycharge, intends to use the new capital to position his company on the global market and offer consumers affordable charging options for electric cars.
Heycharge was founded in 2020. The start-up has developed the "SecureCharge" technology to charge electric vehicles in underground garages and parking lots - instead of an internet connection, only Bluetooth is required 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 should reduce the overall costs for 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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