VOOL is an Estonian EV-charging startup focused on building technology and infrastructure that supports the growing adoption of electric vehicles. The company develops solutions intended to make charging more accessible and efficient for EV owners. Although specific user, revenue, or deployment metrics were not disclosed, VOOL has attracted the interest of strategic energy players in its home market. The startup recently secured capital from Alexela, an Estonian energy company, signalling industry validation of its product direction. This new funding provides VOOL with resources to continue product development and expand its footprint in the EV-charging ecosystem. The company positions itself at the intersection of clean energy and mobility, working to accelerate the electrification of transport.

Total raised

$5M

Funding rounds

4

Latest round

Equity

Latest activity

May 2024