Estonian EV-charging startup Eleport secures undisclosed funding; plans to invest €20M+ in 2024

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Estonian EV-charging startup Eleport secures undisclosed funding; plans to invest €20M+ in 2024

Tallinn-based Eleport, a provider of electric vehicle charging networks, announced that it has closed a funding round from its current investors Ambient Sound Investment and Gren. 

The company did not reveal the specific amount of funding they received.

The Estonian company plans to invest over €20M in 2024 and more than €100M in the upcoming years to expand its charging network. 

The company intends to expand its electric vehicle charging infrastructure by installing 800 new charging points this year alone. 

These points will be added to its existing network of 550 charging points that are currently located in Poland, Lithuania, Latvia, and Estonia. 

It will bring the total number of charging points to over 1350, ensuring a wider spread of charging facilities for electric vehicle owners in the region.




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