Danish electric vehicle company Monta establishes European hub in Barcelona

Business Investments

23 Nov 2023

The startup expert in electric vehicle (EV) charging is launching its operations in Spain and has chosen to open a European hub in Barcelona.

Monta, a Danish startup expert in electric vehicle (EV) charging, is launching its operations in Spain and has chosen to open a European hub in Barcelona. The company has recently been certified as a B-Corp and has been named Startup of the Year 2023 at the Nordic Startup Awards.

Monta was founded in December 2020, and today operates in 20 European countries and has more than 200 employees. It also has more than 180,000 users, 660 partners and more than 130,000 commercial charging points. The company has raised a total of €50 million from venture capital firms, with the latest funding round in September 2022 valuing the company at €155 million.

"Barcelona is one of the go-to places for tech in Europe, especially if you want to recruit a top-quality, diverse, international team," said Casper Rasmussen, CEO and co-founder of Monta. "Picking Barcelona as our hub was an obvious choice."

 

“Barcelona is one of the go-to places for tech in Europe, especially if you want to recruit a top-quality, diverse, international team”

Casper Rasmussen, CEO and co-founder of Monta

"There is huge national potential for EV deployment in Spain, which is yet to be unlocked," Rasmussen added. "Our mission is to contribute to it. We are aiming to fully digitalise the EV ecosystem to tackle all the immediate challenges within the industry and build toward a more transparent and flexible future.”

The Danish company offers an all-in-one electric vehicle charging platform that simplifies and streamlines the deployment, use and management of EV charging infrastructure. Companies can manage the charging of their EVs from the office, reimburse employees who charge their EVs at home, and manage their own EV fleet.

Monta aims to become the market leader in Spain and Europe by 2025, contributing to the successful transition to electric vehicles and decarbonization.

Barcelona, chosen for the launch of the company

Currently, the Barcelona hub has 14 employees divided between customer support and sales development representatives. By 2024, Monta hopes to have 80 employees in Spain, making it the company's second largest center in Europe after its headquarters in Denmark. Monta aims to more than halve greenhouse gas emissions by 2030 and to reach one million public charging points in the EU by 2025.

Daniel Schwedhelm, Monta’s Enterprise Sales Director for Spain, will oversee the company’s expansion in Spain. “I am delighted to work for the sustainable development of the country through the implementation of Monta,” Daniel explains. “The goal is to become a major player in the development of the electric mobility ecosystem in Spain, in particular through our solutions for managing charging points and facilitating the charging of electric vehicles. The environmental impact through the reduction of CO2 emissions is also one of the key elements to create change and succeed in the challenge of the energy transition,” he concludes.

Source: Monta

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