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Investors include Iberdrola, Orilla Asset Management, and CEO Enric Asunción
Wallbox, a global leader in electric vehicle (EV) charging and energy management solutions, has secured an investment of approximately $10 million. The funding round includes Inversiones Financieras Perseo, S.L. (a subsidiary of Iberdrola), Orilla Asset Management, and Enric Asunción, CEO and Co-Founder of Wallbox. Several long-term shareholders also participated, demonstrating their continued confidence in the company’s vision and growth strategy.
Key Highlights:
- Strengthens Wallbox’s financial position as it expands its global EV charging footprint.
- Investors include Iberdrola, Orilla Asset Management, and existing shareholders supporting long-term growth.
- Funding will help drive operational efficiency and support global sales of Wallbox’s award-winning EV chargers.
- Private placement includes 26,707,142 Class A ordinary shares, closed on February 21, 2025.
- More details to be shared during Wallbox’s Q4 and Full-Year 2024 earnings call on February 26, 2025.
Investor and Executive Statements
“This investment reinforces our mission to make EV charging more accessible worldwide while driving operational efficiency and financial sustainability,” said Enric Asunción, CEO and Co-Founder of Wallbox. “Our shareholders’ continued support reflects their confidence in our long-term vision and strategic direction. As we expand globally, this funding will help us on our journey to profitability and solidify our leadership in the EV charging industry.”
David Mesonero, Global Head of Corporate Development, Strategic Partnerships, and M&A at Iberdrola, added, “We believe this investment will strengthen Wallbox’s cash position to execute the company’s business plan. It reinforces our commitment to accelerating the global shift toward clean energy and sustainable mobility.”
About Wallbox Chargers
Wallbox is a global technology company redefining EV charging and energy management. With solutions for residential, semi-public, and public use, Wallbox operates in over 100 countries. Founded in 2015 in Barcelona, the company continues to expand across Europe, Asia, and the Americas.
For more information, visit www.wallbox.com.
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