Energize Capital
Assembly Line
Danish EV charger software provider Monta raises $87mln
Danish firm Monta, which develops software solutions for the electric vehicle charging industry, said that it has raised 80 million euros ($87 million) to increase research and development spending and expand its partner network.
The Series B funding round was led by software investor Energize Capital and investment management firm GreenPoint Partners. The Copenhagen-based company has now raised a total of 130 million euros since its founding in 2020.
Monta runs apps and operations for networks for EV charging systems that are used by hardware manufacturers, charging network operators, businesses and EV drivers using a single integrated software solution.