VoltShare, a leading provider of electric vehicle (EV) charging solutions designed specifically for the hospitality industry, today announced it has secured £500,000 in growth funding led by SFC Capital with support from London Co-Investment Fund, Bethnal Green Ventures, Copa Ventures and angel investors.

The majority of the funding will be used to fuel VoltShare's growth in the hospitality charging market through a strategic expansion of the company's sales and marketing efforts. This investment will allow VoltShare to reach a wider audience of hospitality businesses, further solidifying its position as a leader in this sector.

Additionally, a significant portion of the funding will be dedicated to the development of new technological features for VoltShare's innovative platform. These advancements will not only enhance the existing solutions offered to venues, but also pave the way for VoltShare to enter new EV charging market segments. The company envisions expanding its reach to include shared office car parks, residential block charging solutions, and fleet/commercial hybrid car park management.

“We are thrilled to be partnering with Bethnal Green Ventures, the London Co-investment Fund, and SFC, Copa Ventures and likeminded Angel Investors. VoltShare is committed to driving innovation and creating impactful sustainable solutions. I am very proud to announce the close of our oversubscribed pre-seed round with investment of over £500k, we are poised to accelerate our growth, scale our operations, and bring our market differentiating solutions to a broader market. We shall continue to work with our partners, suppliers and clients. Together, we can transform challenges into opportunities and pave the way for a brighter, more sustainable future.” — Sheng Liu, Founder of VoltShare.

“We are excited to partner with VoltShare as they empower the hospitality industry to embrace the future of electric mobility. VoltShare's innovative solutions provide a win-win for the hospitality industry and EV drivers, and we believe the company is well-positioned for significant growth.” — Ed Stevenson, Investment Executive at SFC Capital.

The VoltShare PR team shared this piece with SME Business Review.