Wallbox Secures €9.5M Funding to Boost Profitability and Global Expansion

Barcelona-based Wallbox, a provider of smart electric vehicle (EV) charging and energy management solutions, has raised €9.5 million in a recent funding round. The investment, finalized on February 21, 2025, was conducted through a private placement of 26.7 million Class A ordinary shares, supported by existing investors including Inversiones Financieras Perseo (a subsidiary of Iberdrola), Orilla Asset Management, and several long-standing shareholders.

This funding follows a €41.72 million round secured in 2024 and aims to accelerate Wallbox’s path to profitability while strengthening its global presence in the EV charging industry. Founded in 2015, the company operates in over 100 countries, offering residential, semi-public, and public charging solutions designed to enhance energy efficiency and promote sustainability.