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Seaya Ventures led a $25m Series A funding round in Wallbox.

Synopsis

Seaya Ventures, a Spanish venture fund, led a $25m Series A funding round in Wallbox, a developer and manufacturer of intelligent charging solutions for electric vehicles and plug-in hybrids. The round was also joined by Endeavor Catalyst, Iberdrola and Pureworld 17. "Over the last year, we have made significant strides both in growing our distribution and the development of advanced charging technologies. The continued support of our investors and the addition of new shareholders into the Wallbox family will enable us to further our global growth. We are excited to start this new chapter in our mission to reduce the world's dependency of fossil fuels," Enric AsunciĆ³n, Wallbox CEO.

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