Daze Closes a 15 Million Euro Capital Increase from CDP Venture and EIC-Fund

Daze, a Bergamo-based startup active in charging solutions for electric cars, has closed a Series A capital increase of 15 million euros, which will allow it to pursue the objective of establishing itself within a few years as one of the most important European players in the charging sector. charging of electric cars and energy optimization.

The Daze project was created in 2017 from the idea of ​​two engineers – Giacomo Zenoni and Andrea Daminelli – and focuses on the Dazebox product, an electric car charger designed for the general public and designed around the needs of the home user.

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Daze will use the funds to develop its business

The operation led by CDP Venture Capital through the EnergyTech sector of the Corporate Partners I fund and the Green Transition fund, which uses resources allocated by the European Union through the NextGeneration EU initiative, also involved the EIC Fund managed by European Innovation Council, the Venture Capital fund managed by SIMEST on behalf of the Ministry of Foreign Affairs and International Cooperation, as well as specialized funds such as Founders Future , a French early stage VC, and Prana Ventures . 035 Investimenti also participates and, having a focus on the Bergamo area, had already invested in the previous investment round.

“We are very happy that important investors such as CDP Venture Capital and EIC Fund fully share our vision and our project – declare Zenoni and Daminelli – now we have the resources and tools necessary to be able to develop technology very quickly, further affirm our presence and aim to expand into other European markets .”

The 15 million euro investment round also includes an equity crowdfunding campaign via the Mamacrowd portal for a maximum of 1.5 million euros which will be launched in February, we read in a note.

“Their project to develop new cutting-edge wallboxes for home charging demonstrates a future-oriented vision, with a strong technological footprint and a focus on sustainability that could redefine the way the general public interacts with electric mobility,” comments Marino Giocondi , Senior Partner and head of the Corporate Partner I fund of CDP Venture Capital.

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(Featured image by Marek Studzinski via Unsplash)

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First published in LA STAMPA. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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