VEGA Chargers, a company specializing in smart chargers for electric vehicles, has successfully closed a €5 million investment round. The transaction was led by ORBIS, with participation from Suma Capital—through its SC Enion Fund I—and the Centre for Technological Development and Innovation (CDTI in Spanish), via its Innvierte program. This funding will allow the company to accelerate its international growth, with a particular focus on Latin America, while continuing to innovate in fast and ultra-fast charging solutions.
Since its founding in 2019, VEGA Chargers has experienced rapid growth, positioning itself as a key player in the fast and ultra-fast charging sector. Its technological solutions have been implemented in multiple strategic projects across Europe, contributing to the development of a robust infrastructure for electric mobility.
One of the main initiatives driven by this investment will be the launch of the HPC Constellation, a 720 kW ultra-fast charger designed to drastically reduce recharging times. This innovation responds to the growing demand for efficient electric mobility solutions and reinforces VEGA Chargers’ commitment to innovation and the transition toward a more sustainable transportation model.
Iban Fontcuberta, CEO of VEGA Chargers, commented: “This financing round marks a turning point for VEGA Chargers. It will enable us to expand our global presence and continue developing innovative solutions that transform electric vehicle charging. Our goal is to provide a more efficient and accessible charging infrastructure to drive sustainable mobility.”
According to Hugo Geiger, CEO of ORBIS: “This transaction should be seen as a natural evolution of a strategic decision for both companies, generating significant synergies and technological and production strengths that will position them as key players in the electric mobility infrastructure market.”
Josep-Miquel Torregrosa, Partner at Suma Capital, added: “With this new investment, we reaffirm our commitment to the charging solutions developed by VEGA Chargers, while continuing to support its growth and contributing to decarbonization and the development of sustainable mobility. The growth the company has experienced since our initial investment demonstrates that VEGA Chargers’ fast and ultra-fast charging technology is truly innovative and holds enormous potential.”
About VEGA Chargers:
VEGA Chargers is a technology company specializing in the design and manufacturing of fast and ultra-fast charging stations for electric vehicles, with the aim of promoting sustainable mobility on a global scale. Its flexible and scalable charging solutions are deployed in strategic projects across Europe and Latin America, facilitating the development of efficient charging infrastructure.
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About ORBIS:
ORBIS is a Spanish company dedicated to the design and manufacturing of electrical equipment focused on energy management and efficiency since 1950. With over 70 years of experience, ORBIS has established its presence in more than 70 countries, supplying technological solutions that promote energy savings and efficient resource management in millions of installations, both in residential and industrial sectors.
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About Suma Capital:
Suma Capital is an independent alternative asset manager and a leader in ecological transition investments. The firm focuses on sustainability through three investment programs: Sustainable Infrastructure, Growth Capital, and Venture Capital. Founded in 2007, Suma Capital manages over €1 billion in assets and has become a European benchmark, with offices in Barcelona, Madrid, and Paris.
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About CDTI Innovación:
CDTI Innovación is the agency of the Ministry of Science, Innovation, and Universities that supports knowledge-based innovation, providing guidance and public funding for innovation through grants or partially repayable aid for R&D projects. It also manages pre-commercial public procurement initiatives.
Additionally, through the Innvierte Economía Sostenible initiative, CDTI Innovación supports and facilitates the capitalization of technology-based companies. To date, through Innvierte, CDTI Innovación has committed €1.795 billion across 42 investment vehicles, which have funded more than 271 companies. Furthermore, through its co-investment program, it has directly committed €522 million to 160 companies.
CDTI Innovación also facilitates the internationalization of R&D and innovation projects for Spanish companies and entities. It manages the participation of Spanish companies in international R&D organizations, such as Horizon Europe and Eureka, as well as in the Science and Space industries.
The Centre for Technological Development and Innovation (CDTI in Spanish) is a public entity under the Ministry of Science, Innovation, and Universities.
For more information:
www.innvierte.eswww.cdti.es
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