UK EV charging payments startup Rightcharge has secured £500,000 in growth funding led by existing investor Soulmates Ventures, with participation from BlackWood Ventures and Purple Ventures. The company provides a platform that consolidates home and public EV charging payments into a single system for fleet operators, automatically reimbursing drivers for electricity used. The funding will support European expansion and further platform development.
Why it matters: Fleet operators managing multi-site charging need streamlined payment and reimbursement systems, making Rightcharge's unified platform a potential procurement consideration. The European expansion signals growing demand for integrated fleet charging management solutions across the continent.