Electra, the French charging champion, joins the French Tech Next40

Electra, the operator of fast-charging stations for electric vehicles, is continuing its ascent and is now a major player in the energy transition. The company has joined the French Tech Next40, a government support programme dedicated to the most promising French scale-ups and future European heavyweights. According to French Tech, this year's Next40 class is the most selective since its creation. It is also, for the first time, the one in which all the winners are committed to the ecological transition, gender equality and inclusion.

This is a recognition for Electra, which after closing 2022 with several records, will accelerate in Europe this year.

Electra is expanding its network very quickly with 170 stations planned to be opened by 2023. More than 1,000 fast charging points will be available by the end of the year. Electra's objective is to facilitate the transition to electric vehicles in order to reduce emissions, in a context where the transport sector is currently the leading CO2 emitting sector in France.

Electra has experienced strong growth over the past two years, having won numerous tenders to equip car parks for Altarea Commerce, Indigo, AccorInvest, Louvre Hôtel Group, Primonial REIM France, Delhaize, etc. The company now has 110 high-level employees and 30 more are arriving, with a single objective: to offer the simplest recharging experience in the world. After Belgium and Italy, Electra will soon arrive in Switzerland, Austria and Spain.

To support this acceleration, the company, which has raised €175 million over the past two years, has secured various other financing lines for a total of €400 million to be invested in the Electra network.

Particularly demanding selection conditions

The French Tech Next40 brings together the 40 most successful start-ups in the ecosystem to reward their status as tomorrow's leaders in their sector. To be included, you had to be one of the 26 unlisted French unicorns, or have raised at least €100 million between 2020 and 2022.

"We are proud to have been selected to join the French Tech Next40. This is a great recognition of the hard work of a remarkable team and of French know-how in the charging infrastructure sector. We are only at the beginning but we will continue our efforts and the industrialisation of our processes in order to accelerate the electrification of the European car fleet, at a time when only 13% of vehicles are electric", says Aurélien de Meaux, CEO of Electra.

About Electra

Electra offers fast charging hubs for electric vehicles. Co-founded by Aurélien de Meaux, Augustin Derville and Julien Belliato, the company's ambition is to definitively erase the barriers to switching to electric cars by deploying a massive, fast and efficient charging network.  The company has the trust of major groups such as AccorInvest, LSGI, Altarea, Indigo, Louvre Hotels Group, Primonial REIM France, Groupe Chopard, Jardiland and Groupe Delhaize in Belgium. With the support of 110 high-level experts, the company is heavily investing in innovation and research for the benefit of a unique user experience: comprehensive, intuitive and customisable mobile interfaces. All this is being done as part of a dense network with more than 8,000 charging points available by 2030. www.go-electra.com

About Mission French Tech

The Mission French Tech is the State mission in charge of supporting the structuring and growth of the French start-up ecosystem, in France and internationally. Attached to the Directorate General for Business, within the Ministry of the Economy, Finance and Industrial and Digital Sovereignty, it federates and leads the French Tech ecosystem with a network of 16 Capitals and 99 labelled Communities, in France and abroad. It also supports start-ups by facilitating their interactions with the administration via a network of over 60 French Tech correspondents. The Mission French Tech supports the most mature start-ups through the French Tech Next40/120 programme, but also start-ups positioned in sectors identified as strategic in the framework of France 2030 with its first sectoral programmes: Green20, Agri20, Health20 and DeepNum20. Finally, through the French Tech Tremplin programme, the Mission French Tech enables people who are far from entrepreneurship to create their own start-up, anywhere in France. More information on: lafrenchtech.com

Press contacts

Samira Chakkaf Andalouci, Communications director.

Samira@go-electra.com - 07 86 11 14 52