Île-de-France–based WAAT, a provider of electric vehicle charging infrastructure for private settings, has secured a €100 million investment led by DWS’s sustainable infrastructure fund and Bpifrance, with existing investor Raise Impact also participating.
The funds will be used to accelerate expansion in France and across Europe, particularly targeting installations in condominiums, social housing, and commercial buildings, and to further develop WAAT’s smart charging technology.
WAAT has laid out a 2030 objective of deploying 250,000 active charging points on an industrial scale. The company currently operates around 20,000 charging points across France, Switzerland and Belgium, employs over 300 people, and generated revenue of approximately €69 million in 2024, with a positive EBITDA for three consecutive years.
This financing round increases WAAT’s total capital raised to about €130 million since its founding in 2018.
