Copec’s Wind Ventures has joined existing backer Iberdrola to invest in a $39.8m round for the vehicle charging technology provider.
Wallbox, a Spain-based producer of electric vehicle charging technology, received €33m ($39.8m) yesterday in a funding round co-led by Wind Ventures, a corporate venture capital arm of oil and gas producer Copec.
Private equity firm Cathay Innovation co-led the round with Wind Ventures, and it was also backed by electricity utility Iberdrola, Seaya Ventures and undisclosed others.
Founded in 2015, Wallbox provides private and public charging stations for electric and hybrid vehicles. In October 2020, it launched its first fast…
