B

Believ

Public EV charging operator with funded expansion

Overview

Believ is a UK EV charging network operator that installs, operates, and maintains publicly accessible charge points at no upfront cost to customers. It earns revenue from usage and targets high uptime, offering chargers from 7 kW to over 100 kW with a hardware-agnostic approach. The company uses data-driven site planning and collaborates with local authorities and businesses, supported by Liberty Global, Zouk Capital/CIIF, and banks, along with partners like Virgin Media O2, Switch EV, and SMS plc. Its goal is to deploy at least 30,000 new charge points across the UK, including on-street residential locations, while pursuing sustainability and social impact as evidenced by B Corp certification.

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About Believ

Simplify's Rating
Why Believ is rated
B-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & AnalyticsAutomotive & TransportationEnergyEnterprise Software

Company Size

51-200

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$397.6M

Headquarters

London, United Kingdom

Founded

2019

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What believers are saying

  • Believ signed 600-plus Ayrshire sockets in October 2026, expanding Scottish coverage fast.
  • November 2026 Swindon and Evesham wins add ultra-rapid roadside demand exposure.
  • October 2026 Brighton expansion adds 210 chargers by 2028, deepening network density.

What critics are saying

  • Brighton’s Blink takeover exposes Believ to inherited asset failures through November 2026.
  • Westminster and Hampshire contracts lock revenue to execution; missed uptime destroys renewals.
  • ChargePoint, TotalEnergies, and legacy operators can undercut pricing and seize council tenders.

What makes Believ unique

  • Believ pairs Liberty Global scale with Zouk Capital-backed infrastructure financing.
  • It wins long-duration public concessions, like Hampshire’s 2026-2041 award.
  • Hardware-agnostic deployments and software ownership from Switch EV improve site economics.

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Funding

Total Funding

$397.6M

Above

Industry Average

Funded Over

1 Rounds

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Growth Equity Non VC Funding Comparison Coming Soon

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