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DRIVECO logo — The electric revolution at your fingertips

DRIVECO

The electric revolution at your fingertips

Founded 2010 France France 179 employees Private Equity Total: $250.00M Information Technology, Energy Efficiency +1

General Information

Company Name DRIVECO
Founded Year 2010
Location France France
Employees 179
Industries Information Technology, Energy Efficiency, Energy Storage
Funding Stage Private Equity
Social

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About DRIVECO

DRIVECO is a French startup that is leading the charge in vehicle charging with the mission to make electric mobility accessible to all. The company offers a user-centric experience with the largest and most reliable charging network in France, accessible through a smart mobile application or a badge from a mobility operator. The company plans to expand its operations significantly, with ambitions to install and operate more than 60,000 charging points across Europe by 2030. Additionally, DRIVECO offers to finance the turnkey installation of charging stations in various locations while paying rent to the parking owner, making the process more economically feasible. DRIVECO's innovative approach includes the creation of solar-powered charging stations to facilitate 100% carbon-free energy production for electric vehicle use, emphasizing its commitment to sustainable energy solutions. The company recently secured a substantial $250.00M Private Equity Round investment on 11 May 2023 from investors including Mirova, Corsica Sole, and APG Asset Management. With its focus on energy efficiency and information technology, DRIVECO is positioning itself as a significant player in the ongoing #EnergyTransition, driving towards a greener society.

Business keywords: Electric mobility, Vehicle charging, Charging network, Renewable energy, Charging infrastructure, Smart energy management, Sustainable transportation, Solar-powered charging, Energy transition, Environmental sustainability

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round $250.00M 3
Mirova Corsica Sole
Mirova, Corsica Sole +1
11 May 2023

Latest News

View All
Business planning startup Pigment raises $145M in rare French tech megaround — Techcrunch
Business planning startup Pigment raises $145M in rare French tech megaround
Techcrunch Apr 04, 2024
10 French startups to watch in 2024 — Tech
10 French startups to watch in 2024
Tech Mar 26, 2024
Driveco drives home €250 million, Ōura acquires Proxy, and more than €1.3 billion was invested in Eu... — Tech
Driveco drives home €250 million, Ōura acquires Proxy, and more than €1.3 billion was invested in European Tech last week
Tech Jan 23, 2024
French EV charging infrastructure builder Driveco drives home €250 million — Tech
French EV charging infrastructure builder Driveco drives home €250 million
Tech Jan 23, 2024
This Week in European Tech: French EV charging scale-up Driveco nabs €250 million, Ōura buys Proxy,... — Tech
This Week in European Tech: French EV charging scale-up Driveco nabs €250 million, Ōura buys Proxy, Pale Blue Dot closes €93 million fund, and more
Tech Jan 23, 2024

DRIVECO Alternatives & Competitors

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DRIVECO vs
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DRIVECO vs
Maxem Energy Solutions
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DRIVECO vs
Orange Charger
Orange Charger United States

Orange brings home electric vehicle charging to people no matter where they live.

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FAQ About DRIVECO

The electric revolution at your fingertips
DRIVECO was founded in 2010.
DRIVECO is headquartered in France.
DRIVECO operates in Information Technology, Energy Efficiency and Energy Storage. Its work centres on Electric mobility, Vehicle charging, Charging network and Renewable energy.
DRIVECO has approximately 179 employees.
DRIVECO has completed 1 funding round, raising a total of $250.00M. The latest funding stage is Private Equity.
Top alternatives and competitors to DRIVECO include EV Smart, Maxem Energy Solutions, Orange Charger, Svea Solar, BRIGHTBLU. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
DRIVECO and EV Smart are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for DRIVECO, https://bouncewatch.com/company/driveco, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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