Wallbox, a Barcelona-based provider of smart EV charging solutions, raised $10M in a funding round supported by notable investors including Iberdrola's subsidiary. This investment, through a private placement of shares, closed on February 21, 2025, is aimed at accelerating the company's mission of making electric vehicle charging more accessible globally. Wallbox, founded in 2015, focuses on energy management systems that enhance user control and promote sustainability. The funding follows a successful €41.72M raise in 2024 and reflects shareholder confidence in the company's vision and growth strategy.
"This investment reinforces our mission to make EV charging more accessible worldwide while driving operational efficiency and financial sustainability," says Enric Asuncion, CEO and co-founder of Wallbox.
"We believe this investment will strengthen Wallbox's cash position to execute the company's business plan, reinforcing its commitment to accelerate the global shift toward clean energy and sustainable mobility," says David Mesonero.
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