Dutch startup Rocsys raises €32.6M to make EV charging fully autonomous

Netherlands-based Rocsys, a provider of autonomous charging solutions for electric transportation, announced on Tuesday, July 11, that it has secured $36M (approximately €32.65M) in a Series A debt and equity round of funding. The investment was led by SEB Greentech Venture Capital. The round also includes participation from Graduate Entrepreneur, the European Investment Bank, and returning investor Forward.One. Mikko Huumo, Investment Manager at SEB, says, “Rocsys makes electrification practical for vehicles ranging from personal autonomous cars to continuously operating heavy-duty equipment, a major source of emissions. We are thrilled to lead the company’s funding round and accelerate the sustainable transportation revolution.” As part of the deal, Rocsys welcomes four new members to its board of advisors, including Mikko Huumo of SEB, Frederik Gerner, and Jan Willem Friso of Forward.One, and new chairperson Dr Gregor Matthies.