Barcelona-based Wallbox, a global provider of smart EV charging and energy management solutions, has raised €9.5 million ($10M) in a new funding round.
Investors include Iberdrola’s subsidiary Inversiones Financieras Perseo, Orilla Asset Management, and Wallbox CEO & Co-Founder Enric Asunción, alongside other long-time shareholders.
Accelerating Growth & Financial Sustainability
This funding comes just six months after Wallbox secured €41.72 million in 2024. The investment, raised through a private placement of 26.7 million Class A shares, will help the firm:
- Expand its global footprint in the EV charging market.
- Drive operational efficiency and advance towards profitability.
- Enhance clean energy and sustainable mobility solutions.
CEO Enric Asunción emphasized the company’s commitment to making EV charging more accessible worldwide:
“Our shareholders’ continued support reflects their confidence in our long-term vision. This investment strengthens our ability to lead in the EV charging industry while accelerating our journey to financial sustainability.”
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Global Impact on Clean Energy Transition
Founded in 2015, Wallbox offers residential, semi-public, and public charging solutions across 100+ countries, with offices in Europe, Asia, and the Americas.
David Mesonero, Global Head of Corporate Development at Iberdrola, highlighted the investment’s strategic importance:
“By supporting the startup’s growth, we reinforce our commitment to advancing electrification solutions and driving the global shift toward clean energy.”
With its latest €9.5M funding, the company continues to solidify its leadership in EV charging, helping accelerate the transition to a sustainable and electrified future.
