About Charge
Charge is a company based in London (United Kingdom) founded in 2016.. Charge has raised $10.26 million across 35 funding rounds. Charge operates in a competitive market with competitors including Polestar, NIO, Tesla, Fisker and Xiaopeng, among others.
- Headquarter London, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Charge Cars Ltd
- Date of Incorporation 29 Oct, 2015
- Jurisdiction WEST DRAYTON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.26 M (USD)
in 35 rounds
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Latest Funding Round
$220 K (USD), Seed
Nov 05, 2023
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Investors
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Employee Count
Employee Count
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Acquired by
(Jan 17, 2025)
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Funding Insights of Charge
Charge has successfully raised a total of $10.26M across 35 strategic funding rounds. The most recent funding activity was a Seed round of $220 thousand completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 35
- Last Round Seed — $220,000
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First Round
First Round
(12 Apr 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Charge | Valuation |
investors |
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| Jul, 2023 | Amount | Seed - Charge | Valuation |
investors |
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| Jul, 2023 | Amount | Seed - Charge | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Charge
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Charge
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Charge Comparisons
Competitors of Charge
Charge operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Polestar, NIO, Tesla, Fisker and Xiaopeng, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and developed by Polestar.
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| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
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| domain | founded_year | HQ Location |
AI-enabled electric cars are developed and manufactured by Xiaopeng.
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| domain | founded_year | HQ Location |
Electric SUVs are manufactured in Beijing, China.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Charge
Frequently Asked Questions about Charge
When was Charge founded?
Charge was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Charge located?
Charge is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Charge?
Vadim Shagaleev is the current CEO of Charge.
Is Charge a funded company?
Charge is a funded company, having raised a total of $10.26M across 35 funding rounds to date. The company's 1st funding round was a Seed of $426.92K, raised on Apr 12, 2018.
What does Charge do?
Charge was founded in 2016 in London, United Kingdom, and operates within the automotive sector. Classic vehicles are transformed into electric models equipped with a 64 kWh battery, 50 kW DC charging capability, AiWD drivetrain, digital interfaces, and battery packs. These conversions focus on integrating modern electric technology into heritage designs, supporting sustainable mobility solutions.
Who are the top competitors of Charge?
Charge's top competitors include Polestar, Beijing Che Lixing Information Technology and Fisker.