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.
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