Eco-Movement has received an investment of € 900,000 from Bridford Group and Arches Capital. Eco-Movement provides up-to-date information about public charging stations in Europe. The investment will be used to connect all charging stations in Europe to the Eco-Movement data platform.
Expansion
In recent years, Eco-Movement has built a leadership position in supplying dynamic point-of-interest data from charging stations. Currently almost all charge point operators and major navigation parties are working together with Eco-Movement. For the customers of Eco-Movement this means that they have one party where they can go for their international needs for location data of charging stations.
“In the coming 18 months we will connect the entire European market for charging stations to our system, which corrects, enriches and supplies the data to our customers. In addition to capital, Bridford Group together with current investor Arches Capital brings expertise in scaling software companies.”
Roderick van den Berg, co-founder of Eco-Movement
“The Eco-Movement team has proven to oversee this market and to be able to expand internationally. The outlined strategy is crucial for providing value to the navigation parties and charge point operators. The collaboration with the team has been enjoyable and professional.”
Frank Appeldoorn, Managing Partner at Arches Capital
About Eco-Movement
Eco-Movement is the data provider for charging stations in Europe. Eco-Movement collects and enriches location & availability data for all charging stations, both from public and from semi-public charging points.
The POI data from Eco-Movement is used by its customers (including TomTom, HERE, Shell, ANWB, VandeBron, Vattenfall, Allego, Engie, various municipalities, national governments and the European Commission) to show on their own consumer platforms, so that electric vehicle drivers can find the correct information about charging stations.
For more information, visit www.eco-movement.com.
About Arches Capital
Arches Capital, a fast-growing group of business angels, invests in startup and scale-up companies with a large growth potential. Through its investments, Arches Capital bridges the gap between formal investors (VCs) and informal investors (business angels), by joining the best of both worlds:
“ We source, select and invest like a VC;
We engage, care and inspire as the angel we are. ”
By bundling smart capital (combining funding with real business knowledge and experience) with true engagement (actively working together to achieve growth), we are able to ignite early stage companies achieve above-average growth. Arches Capital distinguishes itself from other angel networks by its active support to angels building a broad and professional investment portfolio, co-investment from Arches Capital in each deal and the unique distribution of proceeds amongst its members.
For more information, visit www.arches.capital.