Funding round
AMPECO Series B
AMPECO, which works in EV charging platform development in Sofia, raised $26M in a Series B round announced on 26 Nov 2024, led by Revaia. 4 firms took part, 3 of them already investors. It is AMPECO's third venture round on record; the one before was a Series A in Jan 2023.
$26M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
AMPECO did not disclose a valuation in this round. It came 22 months after AMPECO's Series A. It is 62% of the $42M AMPECO has raised in the venture rounds on record. No later venture round is on record for AMPECO.
Investors
Who put money in
Revaia led the round with 3 other firms. Cavalry, BMW i Ventures and LAUNCHub had backed AMPECO before.
Lead investor
- backs 19 venture-backed companies new investor
Also in the round
- backs 26 venture-backed companies existing investor
- backs 50 venture-backed companies existing investor
- LAUNCHub backs 36 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
651 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $31M, and this round was 84% of the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 26 Nov 2024 | $73M | not disclosed | Institutional Venture Partners |
| Tech Companies | 12 Nov 2024 | $58M | not disclosed | Lightspeed Venture Partners |
| Tech Companies | 13 Nov 2024 | $50M | $350M | Andreessen Horowitz |
| Tech Companies | 4 Nov 2024 | $40M | not disclosed | Partech |
| Tech Companies | 19 Nov 2024 | $40M | not disclosed | GV |
| Tech Companies | 14 Nov 2024 | $37M | not disclosed | Quadri Ventures |
| Tech Companies | 18 Nov 2024 | $36M | not disclosed | Socium Ventures |
| Tech Companies | 19 Nov 2024 | $33M | not disclosed | Ansa |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did AMPECO raise in its Series B round?
AMPECO raised $26M in its Series B round, announced in Nov 2024.
Who led AMPECO's Series B round?
Revaia led it, with Cavalry, BMW i Ventures and LAUNCHub.
What was AMPECO's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
651 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $31M, and this round was 84% of the median.