- Companies
- ABB E-Mobility
ABB E-Mobility Valuation, Funding & Investors
ABB E-Mobility is valued at $2.9B as of February 2023.
Last ABB E-Mobility valuation
$2.9B
Undisclosed stage · Feb 2023
Last ABB E-Mobility funding round
$351M
Undisclosed stage · Feb 2023
Cumulative funding ABB E-Mobility raised
$351M
across 1 funding round
Key investors in ABB E-Mobility
GIC
Porsche SE
Just Climate
Beyond Net Zero
Michael Halbherr
Interogo Holding AG
About ABB E-Mobility
ABB E-Mobility designs, manufactures, and sells electric-vehicle charging infrastructure, combining charging hardware with software for fleet, public, and commercial charging networks. The business, majority owned by ABB, has grown through acquisitions including In-Charge, Chargelab, and Numocity, and operates manufacturing facilities in Italy and the United States.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$2.9B (Feb 2023)
ABB E-Mobility Valuation
ABB E-Mobility is currently valued at $2.9B, based on its undisclosed-stage round in February 2023.
The $351M round included Porsche SE, Beyond Net Zero, GIC and Just Climate.
ABB E-Mobility's valuation has grown 1.1x from $2.6B at its secondary sale in November 2022 to $2.9B in February 2023, across 2 priced rounds.
ABB E-Mobility valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2023 | Undisclosed stage | $2.9B |
| Nov 2022 | Secondary | $2.6B |
ABB E-Mobility Funding History
ABB E-Mobility has raised a total of $351M across 1 funding round, plus 1 secondary share sale.
ABB E-Mobility funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2023 | Undisclosed stage | Porsche SE; Beyond Net Zero; GIC; Just Climate | $351M | $2.9B | ABB E-Mobility, a global leader in electric vehicle charging solutions, completed the second and final round of its pre-IPO private placement on February 1, 2023, raising an additional CHF 325 million from new investors Beyond Net Zero (General Atlantic’s climate fund), GIC (Singapore), Just Climate (UK), and Porsche SE (Germany). This followed a first round in November 2022 of approximately CHF 200 million, bringing the total raised to about CHF 525 million. The second round involved issuing new shares representing approximately 12% ownership to these investors, with the first round ceding 8%, leaving ABB with around 80-81% ownership post-transaction. Proceeds are designated for executing ABB E-Mobility's growth strategy, including organic expansion and M&A in hardware and software for EV charging. The company has scaled through acquisitions like In-Charge, Chargelab, and Numocity, plus new manufacturing facilities in Italy and the US. ABB remains committed to a potential separate listing of E-Mobility under favorable market conditions, after postponing an initial Q2 2022 IPO plan. Later developments include ABB E-Mobility selling a majority stake in its ChargeDot AC charging JV to Dongguan Mentech in 2025, retaining 40%. |
| Nov 2022 | Secondary | Michael Halbherr; moyreal holding AG; Interogo Holding AG | $207M | $2.6B | ABB E-Mobility is a global leader in electric vehicle charging solutions, offering smart, reliable, and emission-free EV charging infrastructure. In November 2022, it completed the first round of a pre-IPO private placement, raising approximately CHF 200 million through the sale of newly issued shares to minority investors Interogo Holding AG, moyreal holding AG, and Michael Halbherr, implying a company valuation of $2,607.38 million. ABB retained a significant majority stake post-transaction, reported as 92% in some analyses. The funds supported ABB E-Mobility's growth strategy, including organic expansion and M&A in hardware and software, such as acquisitions of In-Charge, Chargelab, and Numocity, plus new production facilities in Italy and the US. This round preceded a second private placement in early 2023 raising an additional CHF 325 million from investors including GIC, BeyondNetZero, Just Climate, and Porsche SE for about 12% shareholding, conducted at the same valuation and terms, bringing total pre-IPO funds to CHF 525 million with ABB holding approximately 80%. The transactions positioned ABB E-Mobility for a potential IPO, later delayed. |
Who has invested in ABB E-Mobility?
7 investors have backed ABB E-Mobility across its funding rounds, including GIC, Porsche SE, Just Climate, Beyond Net Zero, Michael Halbherr and Interogo Holding AG.
ABB E-Mobility Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Feb 2023 | ||
| 1 | Participant | Feb 2023 | ||
| 1 | Participant | Feb 2023 | ||
| 1 | Participant | Nov 2022 | ||
| 1 | Participant | Nov 2022 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by ABB E-Mobility
ABB E-Mobility has acquired 1 company to date.
Last acquisition by ABB E-Mobility was on May 25th 2022. ABB E-Mobility acquired Numocity for undisclosed valuation.
Latest Acquisitions by ABB E-Mobility
| Description | Numocity is a Gurgaon-headquartered platform providing middleware for electric vehicle charging and battery swapping services in India. The company enables oil marketing firms, utilities, fleets, and OEMs to deploy fixed chargers and swap stations. Numocity's Energy-as-a-Service model handles billing, monitoring, and monetization for urban mobility networks. |
| HQ Country | |
| HQ City | Bangalore |
| Deal Date | 25 May 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all ABB E-Mobility acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by ABB E-Mobility
ABB E-Mobility has invested in 1 company to date.
Latest investment by ABB E-Mobility was on September 23rd 2025. ABB E-Mobility invested in k2-mobility in their $4M Seed round.
Latest Investments by ABB E-Mobility
| Description | K2 Mobility is a Vienna-based software provider for heavy vehicle fleet operators transitioning to electric mobility. Its PANION platform integrates real-time data from transport plans, vehicles, chargers, and energy grids to optimize charging schedules, reduce costs, and minimize downtime. |
| HQ Country | |
| HQ City | Berlin |
| Deal Date | 23 Sep 2025 |
| Round | Seed |
| Raised | $4M |
| Investors | JK Invest; Brandenburg Kapital; theDOCK; MobilityFund |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
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ABB E-Mobility Competitors
ABB E-Mobility competitors include listed companies like Electreon Wireless and Nanjing Tanker, and private ones like Ample, Charge Amps, Swap and AMPECO.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Publicly listed | $5M | ($33M) | $233M | - | ||
| Private | $26M | - | $137M | 5.3x | ||
| Private | - | - | $76M | - | ||
| Private | - | - | $65M | - | ||
| Publicly listed | $868M | $295M | $3.2B | 2.7x |
ABB E-Mobility Public Comps
ABB E-Mobility is still privately-owned, but its public comps include Nanjing Tanker, Topaz Energy, Dorian LPG, Jiangxi Jovo Energy, Teekay Tankers, DHT Holdings, Dongfang Electronics Co, NGL Energy Partners, Gibson Energy and Genesis Energy.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $868M | $295M | 2.9x | 2.7x | 8.7x | 6.8x | |||
| $233M | - | 16.1x | 13.2x | - | 13.8x | |||
| $482M | $281M | 5.8x | 5.0x | 10.0x | 7.6x | |||
| $3B | $289M | 1.0x | 0.9x | 10.1x | 8.5x | |||
| $952M | $407M | 2.4x | 2.6x | 5.7x | 4.0x | |||
| $498M | $329M | 7.9x | 5.5x | 12.0x | 6.4x | |||
| $1.2B | $155M | 1.4x | 1.2x | 10.9x | 10.1x | |||
| $3.2B | $336M | 1.9x | 1.8x | 18.2x | 8.8x | |||
This data is available for Pro users. Sign up to see all ABB E-Mobility competitors and their valuation data. Start Free Trial | ||||||||
Common questions about ABB E-Mobility
| When was ABB E-Mobility founded? | ABB E-Mobility was founded in 2010. |
| Where is ABB E-Mobility headquartered? | ABB E-Mobility is headquartered in Switzerland. |
| Is ABB E-Mobility publicly listed? | No, ABB E-Mobility is a private, VC-backed company. |
| What is ABB E-Mobility's valuation? | ABB E-Mobility was last valued at $2.9B in its undisclosed-stage round in February 2023. |
| How much funding has ABB E-Mobility raised? | ABB E-Mobility has raised $351M across 1 funding round. |
| What was ABB E-Mobility's last funding round? | ABB E-Mobility's last funding round was a $351M undisclosed-stage round in February 2023. |
| Who are ABB E-Mobility's investors? | ABB E-Mobility's investors include Porsche SE, Beyond Net Zero, GIC, Michael Halbherr, moyreal holding AG, Interogo Holding AG and Just Climate. |
| Which companies are comparable to ABB E-Mobility? | Companies comparable to ABB E-Mobility include Ample, Electreon Wireless, Charge Amps, Swap, AMPECO and Nanjing Tanker. |
| How many companies has ABB E-Mobility acquired? | ABB E-Mobility has acquired 1 company, including Numocity. |
| How many companies has ABB E-Mobility invested in? | ABB E-Mobility has invested in 1 company, including k2-mobility. |
| What was ABB E-Mobility's last investment? | In September 2025, ABB E-Mobility invested in k2-mobility's $4M seed round alongside JK Invest, Brandenburg Kapital, theDOCK and 1 other investor. |
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