CaCharge adds InnoEnergy as investors in the company.

CaCharge, a Stockholm, Sweden-based provider of EV charging solutions for parking spaces, announced that it entered into an investment agreemnt for adding InnoEnergy as shareholders in the company.

The deal is part of a larger partnership that started in 2018 between EIT InnoEnergy and Cacharge, when CaCharge entered the Boostway programme to scale up their operations. 

CaCharge, founded in 2015 and led by CEO Kurt Högnelid, developed a solution that includes a charging box together with services and operations that allow operators with multiple charging sites – such as real estate companies, tenant-owner associations and municipalities – to make electric car charging easy and without any administrative costs.

Prior to this deal, CaCharge raised about $2.5M in 2018 from investors including Lars Appelstål, Carl Hirsch, Per-Uno Sandberg and Stefan Bengtsson.