Wallbox NV Secures $15 Million in Private Placements, Including $9 Million Backed by Spanish Government's SETT Initiative

Reuters

06-05

Wallbox NV Secures $15 Million in Private Placements, Including $9 Million Backed by Spanish Government's SETT Initiative

Wallbox NV has announced a significant private placement financing, securing $15 million to bolster its electric vehicle $(EV)$ charging and energy management solutions. This funding round includes an investment of over $9 million from the Spanish Government through the Spanish Society for Technological Transformation (SETT), as part of Wallbox's February 2025 financing round. Additionally, existing investors, including Inversiones Financieras Perseo, S.L., Orilla Asset Management, S.L., and Wallbox CEO Enric Asunción, contributed more than $5 million. This support underscores a collaborative commitment from both the public and private sectors to advance sustainable and digital mobility solutions. The investment by SETT is part of the Next Tech initiative, aimed at enhancing private investment in strategic Spanish economic sectors through innovative technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wallbox NV published the original content used to generate this news brief via Business Wire (Ref. ID: 20250605748396) on June 05, 2025, and is solely responsible for the information contained therein.

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