Danish charging platform Monta has completed its Series A funding round costs 15 million euros. The Copenhagen-based startup aims to use its earnings to expand into new markets and to double the number of people serving on behalf of the institution.
Monta’s core offering is a software platform designed to make it easier both to charge for end-users and to provide charging stations for businesses. Last October, the institution announced its launch in Germany. At that time, the company also expressed its desire to simplify and improve the charging and management of charging stations in Germany.
The Goal of Monta
The main goal of the company is user-friendliness and sharing the work between machines and workers. For end buyers, the Monta app (iOS, Android or as a web app) will display charging stations, visualizing their own CO2 emissions or use of renewable energies. The graphically simple display aims to reduce range anxiety reduces to zero.
Monta was founded in 2020. The app has more than 10,000 active users in Scandinavia and the United Kingdom.