How Much Did Allego Raise?
Funding & Key Investors

Allego, a prominent player in the electric vehicle charging infrastructure sector, has successfully secured a significant capital injection, bringing its total funding to $424.5M. This latest financial milestone, characterized by a $424.5M strategic investment, underscores the company's pivotal role in facilitating the global transition toward sustainable mobility. By leveraging this substantial backing, Allego continues to solidify its market position as a critical provider of high-value charging solutions for diverse vehicle classes, including passenger cars, commercial fleets, and public transit systems.

What is Allego?

Allego
Energy, Utilities & WasteElectricity, Oil & GasConsumer Services

Founded in 2013 and headquartered in Arnhem, Netherlands, Allego has established itself as a cornerstone of the European EV ecosystem. The company specializes in the deployment and management of high-capacity charging networks designed to meet the rigorous demands of both private consumers and large-scale enterprise clients. Through its comprehensive service model, Allego addresses the complex infrastructure requirements of cities and businesses, ensuring that the shift toward electric motors, buses, and trucks is supported by reliable, high-performance energy delivery systems. Their market position is defined by a commitment to scalability and technical excellence in the rapidly evolving green energy landscape.

How much funding has Allego raised?

Allego has raised a total of $424.4M across 1 funding round:

2022

Debt

$424.4M

Debt (2022): $424.5M with participation from Societe Generale

Key Investors in Allego

Societe Generale

Société Générale S.A. is a French-based multinational financial services company with a deep history in corporate banking and infrastructure financing, providing essential capital to support large-scale industrial projects.

What's next for Allego?

With this major strategic investment, Allego is well-positioned to accelerate its infrastructure expansion and enhance its technological capabilities. The capital will likely be deployed to scale its network footprint across key European markets, addressing the increasing demand for rapid charging solutions as fleet electrification gains momentum. As the company moves into its next phase of growth, the focus will remain on optimizing operational efficiency and strengthening its partnerships with municipal and corporate stakeholders. This financial trajectory suggests a long-term commitment to maintaining a leadership position in the competitive EV charging market, ensuring that Allego remains at the forefront of the energy transition.

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Frequently Asked Questions Regarding Allego Financial Insights

What are the most recent funding rounds that Allego has completed, and what were the funding rounds?
Allego has recently completed 1 funding rounds: Debt on Dec 19, 2022.
What is the total amount of funding Allego has raised to date?
Allego has raised a total of $424.4M in funding to date.
How many funding rounds has Allego completed?
Allego has completed 1 funding rounds.
How much funding did Allego raise in its most recent funding round?
Allego raised $424.5M in its most recent funding round.
Who are the lead investors in Allego's latest funding round?
The lead investor in Allego's latest funding round was Societe Generale. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Allego's history?
The largest funding round in Allego's history was $424.5M.
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