ADS-TEC Energy, a provider of battery-based energy storage and ultra-fast EV charging systems, has secured up to $50 million in growth capital from institutional investors. The funding will be disbursed in two stages:
- $15 million in immediate proceeds
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$35 million available upon the establishment of a controlled account
The capital will support the company’s planned expansion across Europe and North America. The offering was fully subscribed and is expected to close on May 1st, 2025, subject to customary closing conditions.
ADS-TEC Energy develops battery-buffered ultra-fast charging platforms for B2B applications, including retail, fueling, and fleet sectors. Its charging solutions integrate in-house hardware and software and service-level agreements designed to support long-term infrastructure performance.
With the new investment, ADS-TEC Energy plans to expand from a technology supplier to a full-service infrastructure provider. This includes financing, installation, commissioning, and operation of EV charging systems and integrated services such as energy optimization, trading software, and digital display platforms. Installations are planned for commercial locations, including supermarkets, fuel stations, and retail sites.
The company has outlined a project pipeline involving more than 300 exclusive locations in Germany, where its ChargePost platform is expected to be deployed. Revenue streams are anticipated to come from energy trading, charging sessions, and digital advertising, all managed in-house.
Net proceeds of up to $47.2 million are intended for general corporate purposes, which may include working capital, capital expenditures, debt repayment or refinancing, and potential acquisitions of assets or technologies.
Filed Under: Charging, Technology News