About Fastned
Fastned is a company based in Amsterdam (Netherlands) founded in 2012.. Fastned has raised $6.12 million across 11 funding rounds from investors including European Union, Schroders Capital and Riyadh Valley Company. Fastned offers products and services including Fastned App and Charging Stations. Fastned operates in a competitive market with competitors including ChargePoint, FreeWire, IONITY, Blink Charging and Wirelane, among others.
- Headquarter Amsterdam, Netherlands
- Stage Public
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.12 M (USD)
in 11 rounds
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Latest Funding Round
$72.9 M (USD), Post-IPO
Oct 16, 2022
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Investors
European Union
& 4 more
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Employee Count
Employee Count
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Products & Services of Fastned
Fastned offers a comprehensive portfolio of products and services, including Fastned App and Charging Stations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for locating and managing EV fast charging sessions.
Network of fast chargers powered by renewables for vehicles.
Funding Insights of Fastned
Fastned has successfully raised a total of $6.12M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $72.9 million completed in October 2022. 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 11
- Last Round Post-IPO — $72.9M
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First Round
First Round
(23 Jun 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Post-IPO - Fastned | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Fastned | Valuation |
investors |
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| Mar, 2019 | Amount | Debt – Conventional - Fastned | 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 |
Investors in Fastned
Fastned has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Schroders Capital and Riyadh Valley Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment arm of King Saud University focused on innovation.
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Founded Year | Domain | Location | |
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Manages private equity, real estate, and infrastructure investments for various investors.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fastned
| 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 - Fastned
| 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 |
Fastned Comparisons
Competitors of Fastned
Fastned 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 ChargePoint, FreeWire, IONITY, Blink Charging and Wirelane, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-enabled EV charging stations are operated for diverse sectors.
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| domain | founded_year | HQ Location |
Electric-vehicle charging solutions are developed and provided by FreeWire.
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| domain | founded_year | HQ Location |
EV charging station network is operated for vehicle users.
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| domain | founded_year | HQ Location |
Electric vehicle charging networks and SaaS solutions are operated.
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| domain | founded_year | HQ Location |
Plug-in charging systems with hardware and software are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Fastned
Frequently Asked Questions about Fastned
When was Fastned founded?
Fastned was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Fastned located?
Fastned is headquartered in Amsterdam, Netherlands.
Who is the current CEO of Fastned?
Michiel Langezaal is the current CEO of Fastned.
Is Fastned a funded company?
Fastned is a funded company, having raised a total of $6.12M across 11 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $11.39M, raised on Jun 23, 2014.
What does Fastned do?
Fastned was founded in 2012 in Amsterdam, Netherlands, and focuses on the EV charging sector. Solar-integrated charging stations are provided for electric vehicles, with operations centered in Europe. A mobile app for Android and iOS is offered, allowing users to locate stations, plan routes, and handle payments. Infrastructure emphasizes renewable energy sources to support EV adoption.
Who are the top competitors of Fastned?
Fastned's top competitors include IONITY, ChargePoint and Blink Charging.
What products or services does Fastned offer?
Fastned offers Fastned App and Charging Stations.
Who are Fastned's investors?
Fastned has 5 investors. Key investors include European Union, Schroders Capital, Riyadh Valley Company, Bmvi, and Fred Foundation.
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