What is char.gy?
Founded in 2016, char.gy operates at the intersection of urban infrastructure and green technology. The company specializes in deploying innovative, on-street charging solutions that transform existing street furniture into accessible power points for electric vehicles. By removing the barrier of private garage or driveway requirements, char.gy effectively democratizes EV ownership for residents in high-density urban environments. Their market position is defined by a robust integration with local municipal networks, ensuring that the deployment of charging hardware aligns with broader city-wide sustainability mandates and the increasing demand for reliable, public-facing energy infrastructure.
How much funding has char.gy raised?
char.gy has raised a total of $115.9M across 2 funding rounds:
Private Equity
$8.9M
Other Financing Round
$107M
Private Equity (2021): $8.9M with participation from Charging Infrastructure Investment Fund
Other Financing Round (2024): $107M led by Zouk Capital
Key Investors in char.gy
Zouk Capital
Zouk Capital is a fund manager dedicated to investing in the sustainable economy, focusing on opportunities at the intersection of infrastructure, technology, and sustainability.
Charging Infrastructure Investment Fund
A specialized investment vehicle focused on the development and deployment of critical electric vehicle charging infrastructure to support national decarbonization goals.
What's next for char.gy?
With the infusion of this latest capital, char.gy is positioned to accelerate its deployment roadmap across the United Kingdom. The strategic focus will likely shift toward scaling operational capacity and enhancing the technological sophistication of its charging network to meet the surging demand for EV infrastructure. As the company moves into this enterprise-level growth phase, it is expected to prioritize the expansion of its footprint in underserved urban areas, further cementing its influence in the sustainable energy sector. The firm remains a key player to watch as it navigates the complexities of large-scale infrastructure rollout and the evolving regulatory landscape of the UK energy market.
See full char.gy company page
