AMPECO is a Sofia, Bulgaria-based technology company founded in 2018 that builds a white-label, hardware-agnostic EV charging management platform.[1][2][3] The cloud-based software integrates with smart meters, building management systems, and renewable energy sources to optimize energy usage, manage charging infrastructure, and handle revenue streams for diverse clients including charge point operators, energy utilities, oil and gas companies, fleet operators, and charging equipment manufacturers.[1][2][3] Serving over 150 customers across 50+ markets with 95,000+ charge points managed by a 120+ member team in six global locations, AMPECO has raised $39M-$42M total funding, including a $26M Series B in mid-2025 led by Revaia, demonstrating strong growth momentum in the booming EV sector.[1][3][4]
The platform supports multiple use cases like public networks, multi-unit dwellings, destination charging, and fleet operations, offering tools for remote station management, flexible pricing, user management, invoicing, and OCPP compatibility with 70+ providers to boost uptime and cut costs.[2][3]
AMPECO emerged in 2018 amid the global shift to electric vehicles, recognizing the need for scalable, software-driven charging networks to support widespread EV adoption.[1][2] Founded in Sofia, Bulgaria, the company was built by e-mobility experts focused on delivering innovative software for businesses entering the EV charging market, starting with a cloud-based platform that addressed energy management challenges like dynamic load balancing and grid integration.[2][3] Early traction came from its hardware-agnostic design and white-label apps, enabling quick market entry for operators; by 2022, it earned Frost & Sullivan's Product Leadership Award for technological innovation.[3] Pivotal funding milestones include a Series A in 2023 and the $26M Series B about six months ago, fueling global expansion to six locations and 95,000+ charge points.[1][4]
AMPECO rides the explosive growth of EV adoption, where charging infrastructure lags behind vehicle sales, creating demand for efficient, scalable software amid net-zero goals and government incentives.[2][4] Its timing aligns with surging EV fleets, public networks, and multi-unit housing needs, amplified by market forces like falling battery costs, renewable energy integration, and regulations mandating smart charging.[1][3] By enabling operators to launch profitable networks quickly—without proprietary hardware—AMPECO democratizes EV infrastructure, influences ecosystem standards through API openness and OCPP leadership, and accelerates the transition to sustainable mobility in 65+ markets.[3][5]
AMPECO is poised for hypergrowth as EV penetration hits critical mass, with its $26M Series B funding expansion into new markets and use cases like AI-enhanced energy optimization.[1][4] Trends like V2G (vehicle-to-grid) integration, fleet electrification, and US funding opportunities will shape its trajectory, potentially doubling charge points managed in 2026.[3] Its influence may evolve from software enabler to ecosystem orchestrator, powering global networks while maintaining white-label flexibility—solidifying its role as the backbone for a seamless EV future, much like the robust platform it builds for operators today.[2][5]
AMPECO has raised $39.0M in total across 2 funding rounds.
AMPECO's investors include BMW i Ventures, Foundry Group, LAUNCHub Ventures, Techstars.
AMPECO has raised $39.0M across 2 funding rounds. Most recently, it raised $26.0M Series B in November 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2024 | $26.0M Series B | BMW i Ventures, Foundry Group, LAUNCHub Ventures, Techstars | |
| Jan 1, 2023 | $13.0M Series A | BMW i Ventures, Foundry Group, LAUNCHub Ventures, Techstars |
