RightCharge raises £700k to boost smart electric vehicle charging

Electric vehicle charging service RightCharge has raised £700k to help accelerate the adoption of smart EV charging in the UK.

Investors include Link Venture Capital, a Norwegian cleantech VC, and a host of Angel investors such as Stuart Dyble, co-founder of Influence emobility and former board member at Jaguar Land Rover, and Julia Stent, the former commercial director at uSwitch.

This funding announcement is the latest from RightCharge which sees it continue to support EV drivers throughout the country after it partnered with Lookers, one of the UK’s largest car retailers, and Leasing.com, the UK’s biggest car leasing comparison site, in the last few months.

Charlie Cook, founder of RightCharge, said: “We want to empower the everyday person to choose electric by making EV charging easier, cleaner, cheaper and more accessible. To date we’ve helped over 10,000 drivers to find their installer or energy supplier but we’re just scratching the surface.

“Around 10-15 million more drivers will go electric by 2030 in the UK alone and the new investment means we are ready to support all automotive retailers who are looking for a charging partner that can deliver industry-leading customer experience.”

RightCharge helps EV drivers find the right charge point and energy tariff for their home or business charging needs via its comparison tools that let users review different EV-friendly energy tariffs, home EV chargers and installation prices from a network of over 50 vetted companies.

Christian Rangen, chairman of the Board at Link Venture Capital, said: “The world is going electric, and the shift to electric mobility is one of the biggest trends and one of the biggest investment opportunities out there. We have been invested in the electric mobility space for over eight years and watched this space grow, mature and then, this year, explode. We are privileged to get the opportunity to invest in and support Rightcharge, as the company grows to take a key position in the future electric mobility landscape. We are very excited for the future of RightCharge.”