Bump, a start-up founded in 2021 by François Oudot and François Paradis, has raised €180 million from ICG and DIF Capital Partners. The company specializes in the installation and management of fast charging stations for professionals and retailers. Bump offers two types of services: charging stations for companies that are paid per kWh consumed, as well as fast charging stations in urban areas accessible to everyone in public car parks, supermarkets, shopping centers, retailers and restaurants. Its mission is to reduce CO2 emissions from mobility by deploying turnkey charging stations.
This fundraising will allow Bump to aim for leadership in the European electric charging market. The company's growth potential has been recognized by investors such as ICG and DIF Capital Partners, which are both leading global private equity firms. ICG has extensive experience in the energy sector, and its investment in Bump is consistent with its commitment to investing in sustainable solutions. DIF Capital Partners is a leading European infrastructure investor with a focus on renewable energy and sustainable infrastructure.
Bump's business model is built around partnerships with retailers and commercial real estate companies. The company has already established partnerships with several major retailers and superstores, including Carrefour and Auchan, and plans to expand its network further. Bump's charging stations are designed to meet the needs of electric vehicle drivers, who require fast charging and easy access to charging stations. Its charging stations are equipped with the latest technology and allow users to charge their vehicles quickly and efficiently.
In summary, Bump's €180 million fundraising is a significant milestone for the fast-growing start-up, which is well positioned to become a leader in the European electric charging market. The company's innovative business model, strong partnerships with retailers and commercial real estate companies, and commitment to sustainability make it an attractive investment opportunity for investors looking to support the transition to a low-carbon economy.
