Wallbox closes €11.8 million equity raise and €4 million investment to complete restructuring
By Eve
Wallbox N.V. has completed a financial restructuring comprising an approximately €11.8 million equity raise and a separate €4 million investment by FOCUS ON NEXT FRONTIER, the investment vehicle of Rafael Ruiz. The equity raise includes €5 million from the Generalitat de Catalunya through IFEM, €10.65 million in previously announced equity financing, and approximately €1.1 million from capitalisation of original issue discount and paid in kind interest on a bridge loan. The transactions aim to strengthen Wallbox's balance sheet, reinforce liquidity, and support its long term business strategy.
Why it matters: The recapitalisation provides Wallbox with renewed financial stability to continue supplying EV charging hardware and energy management platforms to the global market. Procurement teams and charge point operators relying on Wallbox products gain assurance of supplier continuity and ongoing product development.