What is Bonnet?
Founded in 2019, Bonnet operates as a specialized technology platform designed to simplify the fragmented electric vehicle charging landscape. The company provides a comprehensive mobile application that offers drivers real-time visibility into charger availability, functionality, and pricing. By aggregating data across various networks, Bonnet effectively removes the friction associated with public charging, ensuring a more reliable and cost-effective experience for EV owners. As the automotive industry shifts toward electrification, Bonnet's market position as a consumer-centric aggregator is increasingly vital for mass-market EV adoption.
How much funding has Bonnet raised?
Bonnet has raised a total of $10.2M across 4 funding rounds:
Grant
$97K
Other Financing Round
$1.2M
Unspecified
$5.5M
Private Equity
$3.4M
Grant (2021): $97K with participation from Innovate UK and OZEV
Other Financing Round (2021): $1.2M led by Ascension Ventures
Unspecified (2022): $5.5M supported by TheTwentyMinuteVC, Lightspeed Venture Partners, and GV
Private Equity (2023): $3.4M featuring Deliveroo, 20vc, and Lightspeed Venture Partners
Key Investors in Bonnet
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that raises dedicated funds and invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure.
GV
GV is a venture capital firm that invests across multiple stages and sectors, focusing on enterprise solutions, life sciences, consumer products, and frontier technology innovations.
Ascension Ventures
Ascension is a venture capital firm that specializes in backing early-stage tech businesses addressing societal challenges, with a focus on impact-driven investments.
What's next for Bonnet?
With this major enterprise-level funding, Bonnet is poised to transition from its early-stage development phase into a period of rapid operational scaling. The strategic focus will likely center on expanding its network partnerships and refining its proprietary software to improve charger uptime and user experience. As the company continues to attract high-profile backing from institutional investors and industry leaders, it is expected to play a central role in the broader European transition to sustainable transportation, potentially setting new standards for interoperability in the EV charging ecosystem.
See full Bonnet company page
