A London-based start-up aggregator of EV charging networks is inviting its 150,000-strong driver community to join global investors in taking a stake in the company, as it accelerates its service across the continent.
Bonnet has more than doubled its coverage in Europe in just three months, and now boasts over 200,000 chargers in 12 countries, where drivers can use its award-winning app.
Launching in 2021, the firm says it has rapidly expanded its user-friendly way to charge electric cars for an ever-increasing number of drivers. Now the company wants to give its users an opportunity to take a stake in its mission to make charging accessible for all.
Over 2023, Bonnet plans to develop its offering, focusing on reliability and increasing charging across the UK and Europe. New features for drivers and fleet managers are promised.
From today, Bonnet’s current clients are invited to register their interest in taking a stake in the start-up. Next month, non-member potential investors will be given their opportunity to contribute capital.
Current recognisable backers in the firm include, so it says, founder entrepreneurs from Tier, Wise, and Deliveroo, alongside notable investors such as Google Ventures, Lightspeed Venture Partners, and 20VC.
Bonnet CEO and co-founder Patrick Reich said: “We are very excited to allow our huge driver community the opportunity to take a stake in our mission to decarbonise transport and make EV charging accessible for all.
Reich and co-founder Eliot Makabu, pictured above, came up with the Bonnet concept while studying electrical engineering. The company partners now with over 40 networks, including SureCharge, Enel X Way ESB, Shell Recharge, Fastned, Total and EV Stromnetz Hamburg, among others.
“Bonnet has been growing rapidly since we launched just under two years ago, providing drivers with an easy and reliable way to charge their car, ” Reich explained.
“We have been thrilled to be supported so far by major global investors, and now we want to provide our driver community, who have helped us on the road to success, with a chance to have a real share in the next stage of Bonnet’s journey.
In December 2022 Bonnet won Driving Electric’s “Best Electric Car App” Award for 2023
“Our business is in an extremely strong position”, said Reich, “as thousands of people each day start driving electric. We expect to zoom forward as the number one app for EV owners – whether they charge at home, on their street, or on the go – as countries continue to decarbonise their roads”.
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