What is InstaVolt?
InstaVolt is recognized as a leading owner-operated network of rapid electric vehicle (EV) chargers across the nation. Established in 2016, the company distinguishes itself by owning, installing, and maintaining its charging units, all powered by 100% renewable energy. With a current footprint of over 600 rapid charging stations and ambitious plans to expand to 5,000 by 2024/25, InstaVolt is rapidly scaling its operations. The company champions an "open charger" philosophy, pioneering contactless payment without requiring subscriptions, thereby enhancing accessibility and user convenience. Its commitment to 99.8% availability and rapid charging speeds has solidified its position as an industry leader, consistently earning accolades such as the UK's favourite public charging network in the Zap-Map driver survey.
How much funding has InstaVolt raised?
InstaVolt has raised a total of $14.9M across 1 funding round:
Private Equity
$14.9M
Private Equity (2016): $14.9M with participation from Zouk Capital
Key Investors in InstaVolt
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. The company supports innovative projects, such as battery energy storage systems and electric vehicle charging infrastructure.
What's next for InstaVolt?
With the recent influx of capital and a clear expansion strategy targeting 5,000 chargers by 2024/25, InstaVolt is poised for significant growth. The company's focus on an open-access model and renewable energy integration aligns with broader environmental and technological trends, positioning it favorably for future development. Continued investment in its infrastructure and user-friendly payment systems will likely drive further adoption and reinforce its market leadership in the rapidly evolving EV charging landscape. Strategic partnerships with major corporations are expected to accelerate network expansion and enhance service offerings.
See full InstaVolt company page
