How Much Did Daze Raise?
Funding & Key Investors

Daze, a pioneer in the electric vehicle charging sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $16.1M. This latest financing round, which saw an injection of $16.1M, underscores the market's growing confidence in the company's proprietary automatic conductive charging technology. As the automotive industry pivots toward electrification, Daze is positioning itself as a critical infrastructure provider, leveraging this fresh capital to accelerate its operational footprint and technological development.

The Series A funding round reflects a significant milestone for the Italian firm, which has been refining its EV charging solutions since 2016. By securing this backing, Daze is well-equipped to scale its manufacturing capabilities and expand its market reach, ensuring that its smart charging systems remain at the forefront of the global energy transition.

What is Daze?

Daze
ManufacturingElectronics

Daze specializes in the design and production of advanced electric vehicle charging systems, most notably the DazePlug, the world's first automatic conductive charging solution. Beyond its flagship automated product, the company offers the DazeBox, a smart wallbox engineered for residential and private sector applications. By prioritizing design, simplicity, and Italian manufacturing excellence, Daze addresses the critical friction points in EV adoption. The company operates at the intersection of sustainable mobility and smart infrastructure, providing hardware that simplifies the daily charging experience for EV owners while maintaining a focus on aesthetic and functional integration.

How much funding has Daze raised?

Daze has raised a total of $16.1M across 1 funding round:

2024

Series A

$16.1M

Series A (2024): $16.1M with participation from CDP Venture Capital SGR, The European Innovation Council, and SIMEST SpA

Key Investors in Daze

CDP Venture Capital SGR

A prominent Italian venture capital fund manager overseeing significant assets, focusing on strategic investments in high-growth sectors like fintech, digital health, and sustainability.

The European Innovation Council

An institutional body dedicated to fostering innovation and supporting high-potential startups through strategic financial backing and research-driven development.

SIMEST SpA

A member of the Cassa Depositi e Prestiti Group that provides financial solutions and equity investments to support the international expansion and digitalization of Italian enterprises.

What's next for Daze?

With the successful closure of this major enterprise-level funding, Daze is poised to enter a new phase of aggressive scaling. The strategic roadmap likely involves expanding its distribution network beyond the domestic Italian market and enhancing its R&D efforts to further optimize the DazePlug ecosystem. As public and private demand for reliable, user-friendly EV infrastructure continues to climb, Daze is strategically positioned to capture significant market share. The company will likely focus on deepening its integration with smart grid technologies and potentially diversifying its product portfolio to include more robust public charging applications, thereby solidifying its role as a key player in the European green energy landscape.

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Frequently Asked Questions Regarding Daze Financial Insights

What are the most recent funding rounds that Daze has completed, and what were the funding rounds?
Daze has recently completed 1 funding rounds: Series A on Feb 13, 2024.
What is the total amount of funding Daze has raised to date?
Daze has raised a total of $16.1M in funding to date.
How many funding rounds has Daze completed?
Daze has completed 1 funding rounds.
How much funding did Daze raise in its most recent funding round?
Daze raised $16.1M in its most recent funding round.
Who are the lead investors in Daze's latest funding round?
The lead investor in Daze's latest funding round was CDP Venture Capital SGR. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Daze's history?
The largest funding round in Daze's history was $16.1M.
See more information about Daze