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Jet Charge raised $72 million in a funding round led by Mirova to expand its electric vehicle charging service.

Dec 19, 20247 months ago

Amount Raised

$72 Million

MelbourneElectric VehicleAutomotiveTransportation

Investors

Kilara CapitalRacvClean Energy Finance CorporationMirova

Description

Jet Charge, based in Melbourne, secured $72 million to enhance its electric vehicle charging infrastructure. The funding will be utilized to ramp up its 'Charging as a Service' project and expand services across Australia and New Zealand.

Company Information

Company

Jet Charge

Location

Melbourne, Victoria, Australia

About

Jet Charge is a Melbourne-based startup focused on providing electric vehicle (EV) charging solutions. Founded in 2012 by Tim Washington and Ellen Liang, it specializes in supplying, installing, and maintaining EV chargers for private and commercial use. The company has delivered over 20,000 chargers and expanded its services into New Zealand. Jet Charge is committed to electrifying transport to achieve a sustainable future.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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