Wallbox

Barcelona, Spain Founded: 2015 • Age: 11 yrs Acquired By Kensington Capital Acquisition Corp
Provider of electric-vehicle charging solutions
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About Wallbox

Wallbox is a company based in Barcelona (Spain) founded in 2015 by Eduard Castaneda and Enric Asuncion was acquired by Kensington Capital Acquisition Corp in June 2021.. Wallbox has raised $70.19 million across 8 funding rounds from investors including Iberdrola, Generac Power Systems and Kensington Capital Acquisition Corp. Wallbox has completed 3 acquisitions, including ABL, COIL and Electromaps. Wallbox operates in a competitive market with competitors including myenergi, Span.IO, POD Point, CTEK and EVBox, among others.

  • Headquarter Barcelona, Spain
  • Founders Eduard Castaneda, Enric Asuncion
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wallbox N.V.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
    $177.34 M
    14.09
    as on Dec 31, 2024
  • Net Profit
    $-161.15 M
    -33.01
    as on Dec 31, 2024
  • EBITDA
    $-74.35 M
    25.86
    as on Dec 31, 2024
  • Total Equity Funding
    $70.19 M (USD)

    in 8 rounds

  • Latest Funding Round
    $5 M (USD), Post-IPO

    Jun 05, 2025

  • Investors
    Iberdrola

    & 10 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    ABL

    & 2 more

  • Acquired by
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IPO & Listings of Wallbox

Wallbox is a publicly listed company on the NYSE with ticker symbol WBX in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: WBX . Sector: Electronic technology · USA
People of Wallbox
Headcount 500-1000
Employee Profiles 167
Board Members and Advisors 1
Employee Profiles
People
Enric Asunción
CEO
People
Alejandro Garcia Moreno
Embedded Lead Engineer
People
Daniel Morales
Senior Android Developer
People
Augusto Bott
Devops Engineering Manager

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Funding Insights of Wallbox

Wallbox has successfully raised a total of $70.19M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5 million completed in June 2025. 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 Rounds 8
  • Last Round Post-IPO — $5.0M
  • First Round

    (25 Jun 2019)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2025 Amount Post-IPO - Wallbox Valuation

investors

Feb, 2025 Amount Post-IPO - Wallbox Valuation

investors

Jul, 2024 Amount Post-IPO - Wallbox Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wallbox

Wallbox has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Iberdrola, Generac Power Systems and Kensington Capital Acquisition Corp. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in multiple sectors are managed by Orilla Asset Management.
Founded Year Domain Location
-
Founded Year Domain Location
A Swedish family-owned investment company based in Stockholm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wallbox

Wallbox has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ABL, COIL and Electromaps. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
EV charging solutions are provided for installation, deployment, and infrastructure.
2019
App and web based solution to locate EV charging stations
2010
ABL is engaged in providing electrical connectivity and eMobility solutions.
1923
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Wallbox

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wallbox Comparisons

Employees
+
Add Comparison
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Competitors of Wallbox

Wallbox 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 myenergi, Span.IO, POD Point, CTEK and EVBox, 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
Electric vehicle charger solutions are provided by myenergi.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
domain founded_year HQ Location
Provider of electric vehicle charging solutions
domain founded_year HQ Location
EV chargers for automotive batteries are manufactured and distributed worldwide.
domain founded_year HQ Location
EV charging equipment and public infrastructure are designed and developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wallbox

Frequently Asked Questions about Wallbox

When was Wallbox founded?

Wallbox was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is Wallbox located?

Wallbox is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.

Who is the current CEO of Wallbox?

Enric Asuncion is the current CEO of Wallbox. They have also founded this company.

Is Wallbox a funded company?

Wallbox is a funded company, having raised a total of $70.19M across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $45M, raised on Jun 25, 2019.

What is the annual revenue of Wallbox?

Annual revenue of Wallbox is $177.34M as on Dec 31, 2024.

What does Wallbox do?

Founded in 2015 in Barcelona, Spain, Wallbox operates in the electric-vehicle charging sector. Charging solutions are designed and manufactured for personal and commercial applications, including compact units for cars and copper-based options for semi-public and business use. Touchscreen-enabled chargers are provided for corporate parking facilities. A mobile application is offered for Android users to support operations.

Who are the top competitors of Wallbox?

Wallbox's top competitors include POD Point, Span.IO and CTEK.

Is Wallbox publicly traded?

Yes, Wallbox is publicly traded on NYSE under the ticker symbol WBX.

How many acquisitions has Wallbox made?

Wallbox has made 3 acquisitions, including ABL, COIL, and Electromaps.

Who are Wallbox's investors?

Wallbox has 11 investors. Key investors include Iberdrola, Generac Power Systems, Kensington Capital Acquisition Corp, Orilla Asset Management, and Inversiones Financieras Perseo.

What is Wallbox's ticker symbol?

The ticker symbol of Wallbox is WBX on NYSE.

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