Drivers offered share in EV charging start-up Bonnet

Bonnet is inviting its more than 150,000 strong driver community to join top-flight global investors in taking a stake in the company.

This news comes as Bonnet has more than doubled its coverage in Europe in just three months, and now boasts over 200,000 chargers where EV drivers can easily start charging through its award-winning app in 12 countries.

Since launching in 2021, Bonnet has rapidly expanded its user-friendly and reliable way to charge electric cars for an ever-increasing number of drivers. With its success, the London headquartered start-up now wants to give its users an opportunity to take a stake in its mission to make charging accessible for all.

Over the next year, Bonnet plans to build on its unique product with a large focus on reliability and to further grow across the UK and Europe, as well as introduce an array of new innovative features for drivers and fleet managers.

While Bonnet’s current users have been invited from today to register interest in taking a stake in the start-up, other potential investors or members of the public will be given the opportunity to invest later in March.

Drivers and investors who take shares in Bonnet will be joining the company’s current globally recognisable backers which includes founder entrepreneurs from Tier, Wise, and Deliveroo, alongside notable investors such as Google Ventures, Lightspeed Venture Partners, and 20VC.

Patrick Reich, CEO and co-founder of Bonnet, said: “We are very excited to allow our huge driver community the opportunity to take a stake in our mission to decarbonise transport and make EV charging accessible for all.

“Bonnet has been growing rapidly since we launched just under two years ago, providing drivers with an easy and reliable way to charge their car. We have been thrilled to be supported so far by major global investors, and now we want to provide our driver community, who have helped us on the road to success, with a chance to have a real share in the next stage of Bonnet’s journey.

“Our business is in an extremely strong position as thousands of people each day continue to start driving electric, and we expect to zoom forward as the number one app for EV owners – whether they charge at home, on their street, or on the go – as countries continue to decarbonise their roads before 2030.

“Anyone can now register their interest ahead of the official launch later in March, and we hope to see many of our over 150,000 strong driver community to get involved.”

Drivers, investors, or members of the public can register interest in taking a stake in Bonnet here and people will have the option to invest later in March.