Fastned snaps €36.5M in bond round to expand to 1,000 fast-charging stations by 2030

Fastned

Fastned, a Dutch fast-charging network, has raised over €36.5 million in its first bond tranche of 2025. This is said to be the company’s largest single bond issue ever. This follows three tranches in 2024 that collectively secured over €80 million, reinforcing investor confidence in Fastned’s expansion strategy.  

Of the latest tranche, more than €20 million came from new investors, while over €16 million was reinvested by existing bondholders. The total outstanding bonds with retail investors now exceed €227 million, reflecting sustained financial support for the company’s growth.  

Expansion plans   

Fastned continues to expand aggressively, securing 576 high-traffic locations and operating 347 charging stations to date. The company’s Q4 2024 report highlights strong revenue growth and an increasing number of charging sessions, positioning it well to reach its goal of 1,000 stations by 2030.  

Investor confidence and future outlook  

With a proven track record of raising capital and expanding its infrastructure, Fastned remains a key player in Europe’s EV charging market. The latest bond success underscores growing investor confidence as the company accelerates its growth trajectory.

Fast-charging network for the future

Founded in 2012 by Michiel Langezaal and Bart Lubbers, Fastned is a pioneer in European fast charging, dedicated to accelerating the transition to sustainable e-mobility. Its network of iconic yellow, nature-inspired stations enables EV drivers to charge in just 10 to 15 minutes, gaining up to 300 km of range.  

By including the company’s latest bond of €36.5 million. This tranche brings the total outstanding amount of bonds, with retail investors and more than €227 million. 

Fastned continues to leverage strong investor confidence to expand its infrastructure and meet growing EV demand.  

Navigating a competitive market  

Fastned’s strategic focus on renewable-powered fast charging aligns with global sustainability goals, but the company faces growing competition in the EV charging sector. To maintain its leadership, it must continually innovate and enhance its services. Additionally, shifting regulations across Europe could impact its expansion, as climate policies evolve to either support or challenge the industry’s growth trajectory.

“We thank every investor who joins us on our mission and puts their faith in Fastned to create Europe’s fast-charging infrastructure. Our network is growing rapidly and the support of valued investors is essential to fund our scaling in location acquisition and station construction in 2025. In times of political and economic uncertainty, we are inspired by how many people want to make their voice heard and invest in e-mobility as the sustainable business of the future. Together our momentum is remarkable – with over 500 locations now secured, we are right on track to hit our goal of 1,000 stations across Europe by 2030.” – Michiel Langezaal, co-founder and CEO of Fastned.

The post Fastned snaps €36.5M in bond round to expand to 1,000 fast-charging stations by 2030 appeared first on Tech Funding News.

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