PlugSecure
PlugSecure is a technology company.
Financial History
PlugSecure has raised $790K across 1 funding round.
Frequently Asked Questions
How much funding has PlugSecure raised?
PlugSecure has raised $790K in total across 1 funding round.
PlugSecure is a technology company.
PlugSecure has raised $790K across 1 funding round.
PlugSecure has raised $790K in total across 1 funding round.
PlugSecure has raised $790K in total across 1 funding round.
PlugSecure's investors include Genesis VC.
PlugSecure is a cybersecurity startup founded in 2024 that builds an AI-driven platform to protect electric vehicle (EV) charging infrastructure, including charge points, backend systems, and roaming connections.[1][2][4] It serves EV charging point operators (CPOs), original equipment manufacturers (OEMs), and related stakeholders by solving critical problems like cyber threats, fraud, tampering, session hijacking, and regulatory compliance (e.g., NIS2), ensuring reliable charging operations without firmware changes or downtime.[1][2] The company has raised approximately $778K (€720K) from investors including Apeiron Venture Capital, operates with a small team of 2 employees, and has gained early traction as a CharIN community member since June 2025.[1][2][5]
PlugSecure emerged in 2024 amid the rapid expansion of EV infrastructure, which introduced vulnerabilities in charging networks due to increasing cyber threats targeting protocols like OCPP and OCPI.[1][2] The founding team, though not named in available sources, developed the idea for the first security-as-a-service platform dedicated to EV charging, focusing on real-time protocol-level monitoring to prevent disruptions without requiring hardware modifications.[2][5] Early momentum included securing €720K in funding led by Apeiron Venture Capital and joining the CharIN global EV standards community in June 2025, validating its role in e-mobility security.[1][2][5]
PlugSecure stands out in EV cybersecurity through these key features:
PlugSecure rides the explosive growth of EV adoption and e-mobility infrastructure, where charging networks face escalating cyber risks from sophisticated attacks on interconnected systems.[1][2][6] Its timing aligns with regulatory pressures like NIS2 in Europe, mandating robust cybersecurity for critical infrastructure, and the global push for secure, scalable EV charging to support net-zero goals.[1][2] Market forces favoring it include the proliferation of vulnerable EVSE (electric vehicle supply equipment), rising fraud in public charging, and demand from CPOs/OEMs for plug-and-play solutions amid talent shortages in specialized cybersecurity.[1][5] By influencing standards bodies like CharIN, PlugSecure helps shape secure protocols, reducing systemic risks and enabling faster EV ecosystem expansion.[2]
PlugSecure is poised for acceleration with its seed funding and early validations, likely expanding to more CPOs and OEMs as EV charging networks scale globally.[1][5] Trends like AI-enhanced threat intelligence, stricter regulations, and roaming interoperability (e.g., OCPI) will propel its growth, potentially attracting Series A rounds from climate-tech VCs. Its influence could evolve from niche protector to ecosystem standard-setter, fortifying the reliability of EV infrastructure at a pivotal moment for sustainable transport.[2][6] This positions PlugSecure as a foundational player securing the backbone of electrification.
PlugSecure has raised $790K across 1 funding round. Most recently, it raised $790K Seed in April 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2025 | $790K Seed | Genesis VC |