Estonian startup VOOL has secured a fresh capital injection of €2.92mn to boost production and development of its EV charging solutions. Specifically, the company closed an additional seed round of €1.3mn and received a €1.6mn grant from the Estonian government. Founded in 2018, VOOL offers a smart EV charging system, which combines in-house developed hardware and software. This includes the charger, hub, app (B2C), web platform, and admin portal (B2B). VOOL’s EV charger is suitable for both businesses and private customers. Credit: VOOL The company claims its solution uses the existing grid three times more efficiently than average thanks to…
This story continues at The Next Web
https://thenextweb.com/news/ev-charging-startup-vool-funding-scale-production-optimise-grid-usage
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