Ubiden's WeCharge is a one-stop EV charging service tailored to condominium and rental apartment buildings, handling consensus building with management associations, subsidy applications, construction design and execution, billing, and remote management. The service uses AI for remote control of chargers and includes a demand-leveling function that prioritizes charging during periods with higher renewable-energy ratios. WeCharge targets the insufficient charging infrastructure in urban apartment complexes and promotes at-home nighttime charging to boost EV and PHEV adoption. Ubiden is considering integration with virtual power plant (VPP) systems to enable local energy production and consumption. Proceeds will fund nationwide expansion of WeCharge, development of systems for specific measurement compliance and time-based billing, enhancement of AI charging control, recruitment, and stronger partnerships with apartment management companies, electrical contractors, and energy providers. Total funds raised to date are ¥2.75 billion, and the company expects Tokyo's mandate requiring charging facilities in new apartment buildings from fiscal 2025 to accelerate deployment. Ubiden operates the WeCharge EV charging service and develops solutions for sustainable EV charging. The company said it will use newly raised funds to expand WeCharge’s product line and develop new technologies. Ubiden plans to broaden its business areas and strengthen alliances to support market expansion. Management frames these moves as contributing to a carbon‑neutral society and improving customer charging experience. The company was founded in April 2019 and is headquartered in Minato, Tokyo. Recent fundraising activity (Series B extension and debt) informs its near‑term investment in product and market growth.

Total raised

$13M

Funding rounds

3

Latest round

Series C

Latest activity

Aug 2025