French startup WAAT has secured €100 million in funding to accelerate the rollout of charging infrastructure for electric vehicles in private settings, including residential complexes, social housing and commercial buildings.
The financing round drew backing from the sustainable investment fund of DWS Group and from Bpifrance, with existing shareholder RAISE Impact also participating. The company did not disclose individual investment amounts or the updated ownership structure.
WAAT, which has posted positive EBITDA for three consecutive years, reported annual revenues of €70 million, according to Le Figaro.
The firm aims to operate 250,000 charging points by 2030, and plans to enhance its MyWAAT platform by integrating AI-based features such as an “intelligent energy coach” to optimise charging systems and improve customer engagement.
The company said the new capital will also support expansion into new European markets, though it has not specified countries or a timeline. WAAT employs over 250 staff across 20 sites in France and positions its customer support as personalised rather than AI-driven.
