Floox closes a €2 million funding round led by Inclimo to strengthen its position as a leading European player

Barcelona-based Floox, a manufacturer of direct current (DC) fast chargers for electric vehicles, has secured a €2 million funding round led by Inclimo Climate Tech Fund, a venture capital fund specialized in climate tech, with the participation of Avançsa, the investment company of the Government of Catalonia.

Headquartered in L’Hospitalet de Llobregat (Barcelona), Floox was launched in 2022 as a division of the industrial group Premium PSU, a specialist in power electronics, and became an independent company in 2024. This industrial heritage—unusual for a startup at its stage—has enabled it to enter the market with a mature, robust product designed from day one for large-scale manufacturing.

Founded and led by Jordi Gazo, Floox designs and manufactures DC electric vehicle chargers ranging from 7 kW to 400 kW, serving three main customer segments: service stations electrifying their offering, electric transport fleets—including buses, trucks, and last-mile delivery vehicles—and transit locations such as shopping centers, gyms, and logistics hubs.

Its product portfolio is structured around two families: Lyra, compact chargers from 7 kW to 80 kW designed for urban and commercial environments, and Lynx, high-power chargers of up to 400 kW aimed at charging corridors and intensive fleet operations. The company differentiates itself through rapid installation and minimal maintenance requirements—less than one hour in some models—energy efficiency exceeding 97%, and a sustainable design. Its chargers contain 70% recycled steel, are 90% recyclable, and are engineered for a service life of more than ten years, with resistance to vandalism and reliable operation in harsh weather conditions.

“This round allows us to consolidate our presence across Europe with a product designed and manufactured in Spain. The fast-charging market needs technologically advanced solutions that position us in a higher-value segment and differentiate us from commodity offerings, while meeting the timelines the industry requires and delivering added value in both design and functionality. That is exactly what our proposition is about,” said Jordi Gazo, CEO of Floox.

The company complements its hardware offering with FlooxCare, a remote monitoring and predictive maintenance software platform designed to reduce operating costs for charging networks.

Its outsourced manufacturing model provides the flexibility to scale without investing in proprietary factories, shorten delivery times, and strengthen local production in a highly competitive market. Floox distributes its products through a network of installation partners and commercial partners.

The proceeds from the funding round will be primarily used to support the company’s international expansion. The plan also includes obtaining certifications in countries with more demanding regulatory requirements, strengthening the commercial team, and increasing the company’s presence at major international industry trade fairs.

“The electrification of transport is one of the key decarbonization drivers in Europe. Floox combines proprietary technology, local manufacturing, and a team with deep industrial expertise—the exact type of company we look for at Inclimo,” said Emili Curià, Investment Manager at Inclimo.

The electric mobility sector continues to show strong structural growth. According to the International Energy Agency (IEA), global electric vehicle sales continue to reach record levels year after year, their share of the overall automotive market keeps increasing steadily, and the trend is now expanding beyond Europe and China into emerging economies. This growth, together with European targets for charging infrastructure along major transport corridors, will require a significant expansion of fast-charging networks over the coming years—an opportunity Floox aims to capture through this funding round.