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Industries
Automotive & Transportation
Energy
Company Size
201-500
Company Stage
Series B
Total Funding
$143M
Headquarters
Copenhagen, Denmark
Founded
2020
Monta operates in the electric vehicle (EV) charging sector, providing a solution for managing EV charging stations. The company offers a Charge Point Management System (CPMS) that simplifies the installation, management, and operation of charging points for various clients, including workplaces, commercial businesses, and municipalities. This system allows clients to control access to their charging stations, manage energy usage, collect charging data, and provide multiple payment options. Monta's software-only approach offers flexibility and eliminates the need for different systems, which has contributed to its success in winning a majority of tenders with clients. The company's goal is to lead in the EV charging market by offering comprehensive and adaptable solutions for businesses and organizations.
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Total Funding
$143M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Monday, 03 March 2025Danish EV charging operating platform Monta has got together with global smart energy company GridBeyond to register the first 2,000 EV assets with the UK’s non-dynamic frequency response service Static Firm Frequency Response (SFFR), in operation since 31March 2023, to help enhance energy stability and prevent blackouts.In partnership with GridBeyond, charge points are deployed as demand-side assets in SFFR programmes through Monta’s PowerBank feature. PowerBank is a preventative smart energy solution that detects imbalances in the electrical grid and briefly pauses charging sessions to prevent power outages.Monta connects thousands of charge points to the grid, helping to distribute and alleviate stress caused by fluctuating electricity production. Consumption charge point owners actively contribute to grid stability while earning Monta Wallet credits as a reward.This approach enables businesses and individuals to participate in grid-balancing initiatives, helping their communities avoid blackouts and supporting a more resilient energy infrastructure.EV charging stations are often concentrated in urban areas, generating high electricity demand in specific locations. This can strain the local grid, impacting EV charging availability and the overall power supply to homes and businesses.“PowerBank is a game-changer for alleviating pressure on the electrical grid” said Alex Iriondo, Grid Services Product Manager at Monta. “As EV adoption continues to grow, we must build a resilient, sustainable infrastructure that ensures both accessibility and stability. This partnership with GridBeyond underscores Monta’s commitment to smart, responsible energy management, leveraging EV charging networks not just as power consumers, but as active grid supporters
By seamlessly integrating Monta's smart charging solution with GridBeyond's Virtual Power Plant (VPP) platform, the initiative ensures effective control and market access for charge points.
Monta has appointed James Eyton as Chief Financial Officer, further strengthening its executive team as it scales operations across Europe and North America.
Monta teams up with Tesla to enable home chargers for corporate fleets.
- Company also announces partnership with Emobi, a leading EV charging ecosystem in North America, to bring its charging software to EV drivers in the U.S.- New headquarters in Miami marks Monta's entrance into its first market outside of EuropeMIAMI, Oct. 29, 2024 /PRNewswire/ -- Monta, the Copenhagen-based operating platform powering the EV charging ecosystem, announced today the opening of its U.S. headquarters in Miami. The company's U.S. expansion plan includes connecting 25,000 commercial charge points to its platform by the end of 2025 and 1 million charge points by the end of 2030. Monta will welcome 30 employees, including co-founder and CEO Casper Rasmussen, to its U.S
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Industries
Automotive & Transportation
Energy
Company Size
201-500
Company Stage
Series B
Total Funding
$143M
Headquarters
Copenhagen, Denmark
Founded
2020
Find jobs on Simplify and start your career today
Discover companies similar to Monta