Haven’t heard of Load Stations in the electric mobility sector yet? Discover how its commitment to offering flexible, scalable, and cost-effective solutions sets it apart in a booming market and how this startup can play a key role in the increasing adoption of electric vehicles in France.
Load Stations’ innovative solutions for electric vehicle fleets Faced with the rapid growth of electric vehicles, a French startup featured in theCompanies section, Load Stations, is making a remarkable entry into the charging market by offering innovative solutions such as home charging, which is up to 10 times cheaper than a traditional charging station. The company offers a turnkey solution to simplify home charging and primarily targets large companies looking to equip their fleets or employees. According to Virgile Arene, co-founder and president of Load Stations, this approach not only significantly reduces installation costs but also simplifies administrative procedures and ensures optimal mobility for employees with electric vehicles. This is made possible, in particular, by the development of a connected and easy-to-install charging system that provides slow but efficient charging.
Load Stations’ SaaS Software
Leveraging its innovative technology platform, Load Stations has developed its own SaaS software for monitoring electric vehicle charging stations. The software integrates seamlessly with clients’ internal management systems and offers precise tracking of all charging and usage data. This solution is ideal for all types of needs, from slow charging at home to fast charging on-site.
Load Stations has also designed a reinforced plug that charges vehicles twice as fast as before: this solution is ideal for employees who travel at least 150 km per day and costs half as much as a traditional charging station. This demonstrates the startup’s ongoing commitment to providing optimal solutions to meet the evolving needs of businesses and contribute to the energy transition.
Initial Funding Round to Accelerate Development
After three years of research and development, Load Stations has successfully attracted clients ranging from SMEs to large companies in the Occitanie region and throughout France. To support its rapid growth and future ambitions, the startup has completed its first round of funding with strategic investors:
- Business angels who invested €670,000 in the startup’s capital.
- Crédit Agricole’s innovation arm, which granted a loan of €200,000.
- BPI France, which contributed €300,000 in the form of a loan.
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