Qwello

Qwello

Operates pan-European public EV charging network

Overview

Qwello runs a pan-European public EV charging network focused on urban areas in countries like Germany, the UK, France, and the Netherlands. Users locate, reserve, and pay for pay-per-use charging through a proprietary mobile app, with ad-hoc credit card payments supported at the charger where available. The system emphasizes AFIR-compliant hardware and payment flows, offering a subscription-free experience powered entirely by the app. The goal is to build a wide, reliable urban charging network across Europe that makes it easy for drivers to find, reserve, and pay for charging on demand, funded to accelerate expansion.

About Qwello

Simplify's Rating
Why Qwello is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Hardware

Energy

Consumer Software

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$126.5M

Headquarters

Munich, Germany

Founded

2017

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Simplify's Take

What believers are saying

  • €65M debt finances Park & Charge acquisition and European expansion.
  • €50M from Tiger Infrastructure accelerates network growth across eight countries.
  • 99.9% availability via remote monitoring supports reliable urban charging.

What critics are saying

  • €115M debt burdens cash flow with rising European interest rates.
  • Ionity and Fastned ultra-fast networks starve Qwello's urban AC stations.
  • AFIR mandates force costly ISO 15118 integration within six months.

What makes Qwello unique

  • Qwello's AC chargers feature integrated cables and occupancy sensors for user-friendliness.
  • Proprietary app enables station reservation and ad-hoc payments without authentication.
  • Development and manufacturing occur entirely in Germany for quality control.

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Funding

Total Funding

$126.5M

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Remote Work Options

Paid Vacation

Flexible Work Hours

Wellness Program

Conference Attendance Budget

Professional Development Budget

Employee Discounts

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

1%

2 year growth

2%
electrive
Sep 2nd, 2024
Qwello receives 65 million euros in debt capital - electrive.com

The charging infrastructure provider Qwello has announced the conclusion of debt financing. The debt capital of up to 65 million euros will be used to refinance part of the purchase price for Park & Charge (PnC), which can be invested in Qwello's European expansion and the further growth of PnC.

PR Newswire
Nov 2nd, 2021
Tiger Infrastructure Announces €50 million Investment in Qwello

/PRNewswire/ -- Tiger Infrastructure Partners ("Tiger Infrastructure") announced today an investment of €50 million in Qwello GmbH ("Qwello"). Based in Munich,...

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