Crowdfunding
PowandGo, the “Air BnB” of Electric Charging, Launches Equity Crowdfunding on Opstart
PowandGo, an innovative platform for electric vehicle charging, offers early investors in its crowdfunding campaign a 55.56% discount. The campaign, which began on October 7th, has raised over €120,000. PowandGo enables independent charging, integrates third-party stations, and partners with key companies to enhance functionality and create revenue opportunities for station owners.
One of the challenges for the spread of electric vehicles is the concern related to charging while traveling: drivers fear running out of energy while traveling and having to spend precious time searching for an available charging station.
PowandGo is an innovative startup, founded by Fabio De Nardi and Alessio Troilo , which aims to make electric vehicle charging more accessible, convenient and sustainable for everyone.
It is a digital charge sharing platform: the portal allows owners of private charging points to share their infrastructure with other people, thus generating extra income.
Through an intuitive application, users can easily find and book cheap and convenient charging stations, optimizing charging times and significantly reducing costs.
The crowdfunding campaign on Opstart
The company has launched an equity crowdfunding campaign on the Opstart platform, with the aim of raising up to 450,000 euros.
The pre-money valuation of PowandGo is 4.5 million, but, for the first investors in the campaign, until the subscriptions reach 150,000€, it will be possible to purchase the company’s shares with a discount of 55.56% at a pre-money valuation of 2 million.
The campaign, which started on October 7, has raised over 120 thousand euros to date.
PowandGo, the Air BnB of electric charging
PowandGo is an innovative solution for electric vehicle owners.
But it is also true for private charging station operators who can benefit from a revenue model based on the sale of energy, increasing their visibility on the portal’s maps and thus attracting a greater number of electric vehicle owners.
In addition to the digital platform, the company has also created a wide range of accessory products.
Powandgo charging stations allow drivers to activate and use charging points independently. A universal communication device enables real-time management of any third-party charging station.
Finally, the PowandGo smart plug enables intelligent charging via standard household sockets.
Partnerships to increase functionality and added value
To strengthen its offering and create an integrated ecosystem in the electric mobility sector, PowandGo has also established strategic relationships with key partners.
The partnership with Tariffe EV allows us to provide users with a complete mapping of public and private charging stations, allowing for a transparent comparison of prices.
Thanks to the collaboration with Ali Energia and Tua Energia , the company optimizes its charging network by integrating existing infrastructure and creating new revenue opportunities for private station owners.
In addition, the partnership with Uose , an innovative social network and e-commerce, allows users to combine charging booking with other commercial services in a single platform. By integrating Uose’s features, Powandgo users can access the business pages of different companies and obtain additional services.
Finally, thanks to Green-go, the company benefits from a vast network of installers for the implementation of photovoltaic systems and charging stations, ensuring a high-quality installation and maintenance service and facilitating access to government incentives for its customers.
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(Featured image by Eren Goldman via Unsplash)
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First published in Crowdfunding buzz. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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