Ghent-based MobilityPlus secures €40 million to drive EV charging growth in Belgium and France | EU-Startups

MobilityPlus, a Ghent-based provider of EV charging solutions, has raised €40 million in a growth financing round. The funding, led by Suma Capital through its Climate Impact Fund III with additional backing from existing investor Concentra, will fuel MobilityPlus’s expansion in Belgium and France, targeting B2B clients and real estate markets. 

Founded in 2016, MobilityPlus has built a strong presence in smart charging infrastructure with its all-in-one platform that simplifies the EV charging experience. The company currently manages over 15,000 charging points in Belgium and France and has access to an additional 550,000 charging stations across Europe via roaming agreements.

Ruperto Unzué and Jérôme Petitjean, Partners at Suma Capital, remarked on the partnership, saying, “The company has an impressive track record of innovative charging solutions, sustainable growth, and a solid customer base. We are excited to support their further expansion to decarbonise transport and mobility.”

Jean-Francois Cheyns, founder and co-CEO of MobilityPlus, added, “This capital injection is essential to further expand our technological lead and improve our smart charging solutions. We continue to focus on improving the user experience through the development of innovative technologies and advanced energy management systems. This allows companies to reduce their charging costs while complying with increasingly stringent regulations, strengthening our position in the B2B market and increasing our impact on sustainable mobility.”

Transforming the Charging Experience

MobilityPlus has designed the MobilityPlus eXperience platform to meet evolving client needs with a comprehensive suite of services, including real-time data insights, 24/7 support, and intelligent energy management. This shift has allowed MobilityPlus to support businesses in meeting carbon reduction goals while ensuring seamless EV charging experiences for employees and customers.

Kris Pensaert, co-CEO of MobilityPlus, highlighted the company’s growth ambitions: “In a rapidly evolving market, standing still is not an option – and organic growth alone will not be enough. Our customers want to focus on their core business and rely on MobilityPlus for a seamless, worry-free charging experience. They are looking for more than just charging solutions; they need a partner that provides comprehensive support, from engineering, infrastructure, and real-time data insights to intelligent energy management. That’s why we transformed our offering into the all-in-one MobilityPlus eXperience.”

The fresh funds will also enhance MobilityPlus’s Charging-as-a-Service (CaaS) model, which allows companies to deploy EV charging solutions without upfront costs.