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Thursday, February 22, 2024

Youandlaw guides Chargy´s funding round

Youandlaw, a law firm specialising in the startup sector and venture capital investment funds, has advised Chargy in a funding round securing more than €1 million

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The financing round was led by sociosinversores.co, the SegoFinance group, Core Angels Madrid, Infinity Angels, Avalancha Ventures and business angels such as Francisco Martín López-Quesada; in addition to the Society for the Economic Development of the Canary Islands and the Ministry of Science and Innovation; in a commitment to a project of free portable chargers for its users that aims to expand in the coming months.

In this way, this entrepreneurial project, which was created by Laura Lozano and Héctor M. Morrell, has developed the first network of free shared batteries, which allows the user to take a powerbank from a charging station, use it and return it to the same station or any other. During the charging time, it opens a window for brands and companies that want to advertise to users who are using this battery sharing service.

They are going for 200,000 new users with a fundraising that will allow them to deploy their technology in Spain, while reinforcing their technology area and aiming to continue developing the product and integrated services. This is the destination of the more than one million euros just raised by Chargy, a Madrid-based startup which, however, underwent a change of focus to adapt to the times of the pandemic.

Youandlaw´s team was formed y partner Pablo Casado and lawyer Marta Fabios.

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