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JOLT Engages Apricum to Advise and Manage its Series-A Funding Round

12 Jan 2021

Jolt Energy Holdings Limited is delighted to announce that it has engaged Apricum – The Cleantech Advisory to advise and support its search for investors in its upcoming “Series-A” funding round.

JOLT, which has been principally funded through private placements during the last 3-years, is moving forward with an aggressive growth plan to be the primary provider of high-power charging in urban areas. The funding will be used to accelerate the growth of the company itself, as JOLT launches its ChargeMyCity campaign to finance and install 500 high-power chargers in 50 cities in 500 days.

Recently, JOLT concluded an agreement with EG Group of the UK; Europe’s largest independent fuel service station operator to install chargers at EG’s ESSO branded service stations, starting in Southern Germany.

“We’re very excited to work with Apricum on this funding project,” says Maurice Neligan. CEO of JOLT, “We’re at the beginning of an e-mobility revolution led by TESLA’s success. Apricum’s expertise in the area of cleantech fund raising will be key to JOLT’s growth strategy”.

“We are pleased to support JOLT in its Series-A financing round. New solutions are required for expanding the e-mobility sector in urban areas,” said Florian Mayr, partner at Apricum. “JOLT’s leading-edge approach to deploying high-power charging infrastructure in cities represent a very compelling investment case and we look forward to finding suitable partners through our extensive global network.”

Jolt | http://www.jolt.energy