ABB E-mobility Raises Approx. CHF200M in Pre-IPO Funding

ABB E-mobility, a Zurich, Switzerland-based supplier of electrical automobile charging options, raised roughly CHF200M in Pre-IPO funding.

The personal placement included participation from Interogo Holding, moyreal holding ag, Helvetic Trust, and Michael Halbherr.

The firm intends to make use of the funds to proceed the execution of its progress technique, pushed by each natural and M&A investments in {hardware} and software program.

Led by CEO Björn Rosengren, ABB offers E-mobility sensible, dependable & emission-free electrical automobile charging options. Since the start of the 12 months, the corporate has scaled up its enterprise, additionally by means of a variety of acquisitions and investments, together with In-Charge, Chargelab and Numocity, in addition to the opening of a manufacturing facility in Italy and the US footprint enlargement.

FinSMEs

21/11/2022

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