Wirelane in a €18 million series B financing round.

Wirelane, a Munich, Germany-based full-service provider for charging solutions, announced raising a €18 million ($21.2M) series B financing round.

The money was raised from investors led by Abacon Capital, the investment arm of the Büll Family Office, along with existing shareholders including HTGF. Money consisted of 12.1 million of fresh capital as weil as the conversion of 5.9 million euros of existing loans into equity.

Wirelane, founded in 2016 by CEO Constantin Schwaab and Edouard Lamy, is a provider of charging infrastructure solutions in Germany and neighbouring countries, operating an e-mobility platform to help customers manage, operate and bill their charging transactions. The company provides its customers with full-service solutions for the installation, operation and marketing of charging infrastructure the entire spectrum of e-mobility and charging infrastructure on a single platform.

The company’s cloud-based ‘WirelaneOS” software currently manages over 13,000 charging stations, independent of the manufacturer. As an Electric Mobility Provider (EMP), Wirelane offers access to over 95,000 public charging stations across Europe and provides public authorities, suppliers and business customers with charging infrastructure software for  their end customers. They carry out more than 60,000 charging transactions for their customers every month.