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COINTURK FINANCE > Business > Fastned Secures €100M for Expanding EV Charger Network
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Fastned Secures €100M for Expanding EV Charger Network

Overview

  • Fastned announces €100M bond for fast-charging station expansion.

  • Company strengthens funding strategy, with notable previous bond successes.

  • Fastned plans to widen its EV infrastructure across key European markets.

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COINTURK FINANCE 2 months ago
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Electric vehicle (EV) infrastructure continues to draw significant investment as the demand for sustainable transportation solutions grows. Amsterdam-based Fastned, a frontrunner in the rapid EV charging sector across Europe, has initiated a new bond subscription to amass €100 million. This injection of capital is aimed at accelerating the expansion of Fastned’s fast-charging network in both current and prospective markets. The announcement comes as part of the company’s strategic efforts to consolidate its presence in key locations throughout Europe.

Contents
Fastned’s Funding StrategyWhat Makes Fastned a Key Player?

Fastned, founded by Michiel Langezaal and Bart Lubbers in 2012, has long focused on enhancing the accessibility and efficiency of EV charging. The company has previously raised funds that significantly contributed to its growth and infrastructure capabilities. Recent years have shown a pattern in the company’s approach to fundraising, with substantial amounts raised through similar bond issues. This strategy not only secures necessary finances for expansion but also cultivates investor confidence in their long-term vision.

Fastned’s Funding Strategy

Currently, Fastned is leveraging its third bond issue in 2025 to meet its ambitious growth targets, following successful fundraising efforts earlier this year. This latest financial initiative seeks potential investors in the Netherlands and Belgium, with proceeds earmarked specifically for infrastructure enhancement. The initiative follows earlier 2025 accomplishments where Fastned collected over €71M from two bond tranches. The funds signal a robust push towards enhancing its EV charging network.

What Makes Fastned a Key Player?

Fastned’s comprehensive charging solutions cater effectively to the increasing demand for electric mobility. It operates over 380 stations in nine countries, emphasizing strategic placement that promotes high usage rates. Earlier in 2025, the inclusion of Italy and Spain into its operating regions marked a geographical milestone for the company. With the capability to add 300 kilometers of range in approximately 15 minutes, Fastned’s services align well with current EV trends and user demands.

In reports dating back to 2024, Fastned had successfully raised over €82M across three bond rounds, establishing its fundraising expertise in the sector. These efforts were critical in supporting the company’s network infrastructure and ensuring the timely development of fast-charging stations that accommodate hundreds of vehicles daily. Fastned also reported a substantial 44% increase in charging revenue in its Interim Report H1 2025, underscoring the growing use and acceptance of their services.

“Our mission is to simplify and accelerate the transition to electric mobility across Europe,” Langezaal shared during a recent event.

Continuous innovation and strategic growth have become intrinsic to Fastned’s operational philosophy, bridging societal needs with technological advancements.

“We’re positioning Fastned as a key facilitator in the EV ecosystem,” stated Lubbers in reflecting on their market influence.

Fastned’s trajectory indicates a well-coordinated effort to enhance electric vehicle infrastructure, which remains pivotal to the widespread adoption of EVs. With its eyes set on continued growth, the company aims to play a significant role in meeting Europe’s green energy targets.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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