Andera Smart Infra 1, an impact infrastructure fund positioned on energy transition infrastructures, is making its 5th investment by supporting the development of the French company Qovoltis, a major player in carbon-free mobility, which aims for strong growth by 2024, from 900 to 10,000 electric charging stations.
PARIS, OCTOBER 12, 2022 — Andera Partners, a leading player in the field of private equity, invests through its team Andera Infra, a specialist in energy transition, in society Qovoltis — French designer, manufacturer and distributor of charging solutions for electric vehicles. The Andera Infra and Qovoltis teams have a shared ambition: to make France a leader in electric mobility across the entire value chain.
Founded in 2019 by Ehsan Emami in collaboration with its partners Anne Bergé, Olivier Parret and Fréderic Sallé, Qovoltis is a pioneer in the development of more environmentally friendly mobility. Qovoltis stands out from other players in electric mobility thanks to its positioning across the entire value chain of charging stations for electric vehicles: design, production, distribution, installation, installation, financing and operation. Based on French know-how, Qovoltis has designed an intelligent terminal, coupled with software with a mobile interface, to ensure remote optimization of electric charging.
Qovoltis offers are aimed at businesses, individuals and condominiums, in particular through partnerships sealed at the end of 2021 with Louvre Hotels Group, which has more than 1,600 hotels around the world, and in the first half of 2022 with Ista, a leader in the metering and individualization of water and energy consumption in collective housing, present in more than 50,000 buildings in France.
To date, the company has a portfolio of 900 terminals and aims to have more than 10,000 charging stations by 2024 to position itself as one of the major players in a rapidly expanding market. To meet this ambition, Qovoltis raised more than 10 million euros in 2022, mostly contributed by Andera Smart Infra 1 and alongside Paris Mouratoglou in particular, allowing it to double its commercial, technical and R&D teams, allowing it to double its commercial, technical and R&D teams, to strengthen its position as a precursor and accelerate the deployment of terminals in France. This fundraising is accompanied by a commitment by Qovoltis's major shareholders to finance its possible future needs to support the acceleration of its growth.
This fundraising takes place in a context that is conducive to French and European public policies: France plans a global envelope of 9 billion euros through the France 2030 investment plan and the European Union plans to ban the sales of internal combustion vehicles from 2035.
Ehsan Emami, CEO and founder of Qovoltis is delighted with this operation: “We are delighted with the support and confidence Andera Smart Infra has placed in us to continue and accelerate the development of Qovoltis. Our ambition is to become a key player in the e-mobility sector by 2024, thanks to our innovative and sustainable technological solution that meets the needs of all users. Based on the common values of energy transition and respect for the environment, Andera Smart Infra and Qovoltis want to contribute sustainably to the optimized management of energy and the development of renewable energies.”
Prune des Roches, Partner of Andera Partners, declares:” Several elements seduced us at Qovoltis: 1) it is a French company that integrates 100% of the value chain, from the manufacture of terminals and their software to their operation, 2) they have an offer for all needs, and 3) the technical performances and the availability rate of their terminals are far above their competitors. The energy transition needs players like Qovoltis, and we are happy to support them in the deployment of their terminals ”.
About Andera Partners
Created more than 20 years ago, Andera Partners is a major player in unlisted investments in France and internationally. Its teams manage more than 3.6 billion euros around life sciences (Andera Life Sciences), development capital and transmission (Andera MidCap, Andera Expansion/Croissance, Andera Co-Invest), sponsorless operations (Andera Acto) and ecological transition (Andera Infra).
The mission of Andera Partners is to engage with companies and their managers to support them on the path of strong and sustainable growth. The quality of the performances offered to our investors is based on a strong partnership between the entrepreneurs of our participations and our teams, based on shared values. Performance through collective commitment, the Power of And, represents the DNA of Andera Partners.
Based in Paris, and present in Antwerp and Munich, Andera Partners is 100% owned by its teams of nearly 95 people, including 58 investment professionals. It is organized in partnership and managed by a college of 10 partners. Responsible and committed, the management company regularly sets up associative partnerships and acts concretely in the fight against global warming.
www.anderapartners.com
Press contacts:
Clément BENETREAU — Bien Commun Advisory — c.benetreau@bcadvisory.fr — +33 6 76 14 02 02
Bénédicte DEBUSSCHERE — Common Good Advisory — b.debusschere@bcadvisory.fr — +33 6 48 56 70 71
About Qovoltis
Created in 2019 by Ehsan Emami, Qovoltis is a rising player in the French e-mobility market, specializing in smart charging for electric vehicles. Its specificity is to design, produce, install and manage charging stations to facilitate new modes of mobility on a daily basis. With The Qovoltis solution, charging is optimized while minimizing the impact on the electricity distribution network. Thanks to an intelligent, efficient and innovative design (using Artificial Intelligence techniques), the solution contributes to the optimization and maintenance of the balance of the electrical network.
Qovoltis is aimed at individuals as well as businesses, condominiums, public car parks and communities, in their approach to energy transition and electric mobility. Qovoltis is present everywhere in France with more than 900 charging points installed, and plans to create more than 10,000 new Terminals per year by 2024. For this operation, Qovoltis was supported by Carlsquare and by the DaringLaw firm.
2021 winner of the Grand Prix Automobile Club de France. Member of France AutoTech. Supported by BPI France
www.qovoltis.com
Press contacts:
Valérie Leseigneur — Tel.: + 33 (0) 6 68 80 37 35 — valerie@agencevlc.com
Joy Lion — Tel.: + 33 (0) 7 62 59 65 86 — joy@agencevlc.com
Cabinet:
Thierry Lévy-Mannheim
Lawyer at the Court
DaringLaw
64 rue de Miromesnil
75008 Paris
Mobile.: +33 (0) 6.82.56.82.97
