Dutch EV charging startup raises €27.5M to grow European network

Amsterdam-based Fastned has raised more than €24mn in new bonds to grow its fast charging network across Europe. Investors have also extended €3.5mn from earlier bonds, bringing the total funding to over €27.5mn. Founded in 2012, the startup provides over 280 fast charging stations across several European countries, including the Netherlands, Belgium, Germany, and France. In January last year, it announced an expansion to Spain as well. Drivers can add up to 300km of range in about 15 minutes, depending on the EV type. Notably, Fastned provides electricity using renewable energy from solar and wind power. Fastned offers both a…

This story continues at The Next Web https://ift.tt/ByCzanZ
Read full article: The Next Web