Wallbox develops EV chargers and energy management solutions, including award-winning chargers referenced in the article. The company is expanding its global footprint and aims to make EV charging more accessible worldwide. Management says the new capital will support worldwide sales and operational efficiency as Wallbox pursues a path to profitability. The reported investment strengthens Wallbox’s balance sheet and financial position. Shareholder participation in the round demonstrates continued investor confidence in the company’s long-term strategic goals and leadership in the EV charging industry. Wallbox develops chargers for electric vehicles and energy‑management systems. The company announced a $45 million (≈€41.5M) capital increase, of which $35 million came from Generac Power Systems. The financing strengthens Wallbox’s balance sheet and provides capital to accelerate manufacturing capacity and scale charger sales globally, with a focus on the fast‑growing North American market. The strategic partnership with Generac is intended to enable deeper integration with Generac’s energy‑management systems and access to its distribution network. This deal follows a commercial relationship announced in December and the appointment of Paolo Campinoti, Executive Vice President of Generac International, to Wallbox’s board. Company leadership framed the investment as a vote of confidence from shareholders and a step toward long‑term value creation. Wallbox develops EV charging hardware and energy-management software, offering home chargers, the bidirectional Quasar 2 and the Supernova ultra-fast public charger. The company also provides installation services through COIL, which Wallbox acquired in 2022. Wallbox emphasizes managing generation, storage and distribution to support greater electrification and renewable-energy adoption. The firm aims to accelerate development of energy ecosystems for commercial public sites such as supermarkets, shopping centers and restaurants. As part of its go-to-market strategy, Wallbox is expanding distribution and partnerships to increase accessibility, particularly in the United States. Financially, Wallbox recently completed a €29 million capital increase that brought strategic industrial and investor partners into the cap table. Wallbox designs, manufactures and distributes smart charging systems for electric and plug-in hybrid vehicles, offering residential, semi-public and public chargers. Its product lineup includes Quasar, a small bidirectional home charger with two-way charging technology, and Supernova, its first fast public charger delivering 65 kW. The company sells to more than 50 countries and operates offices in Europe, Asia and America, supported by two company-owned factories and about 350 staff. Wallbox acquired the public EV charging platform Electromaps and has expansion plans for its public charging solutions. It raised €33m in a funding round and intends to use the funds to open new offices globally, expand manufacturing and R&D facilities, and hire more than 400 new employees. Wallbox develops intelligent charging solutions for electric vehicles and plug-in hybrids for both domestic and business use, and operates a charging-management platform called myWallbox. The company carries out research, technical development, product testing and manufacturing at its Barcelona plant, which has a production capacity of 500,000 chargers per year and a large engineering team. Development of the charging-management platform and after-sales/installation customer service are based in Madrid. Wallbox sells to major automobile manufacturers and large electric utilities and has subsidiaries in Germany, the UK, the Netherlands, France, the United States (California) and China. It also operates a joint venture in China, Wallbox FAWSN Charging Systems Co Ltd., with a production plant dedicated to sales in the Chinese market. The company intends to use the funds to drive international growth in China and North America and to continue expanding technology innovation and R&D.

Total raised

$139M

Funding rounds

5

Latest round

Equity

Latest activity

Feb 2025