Milence, a trailblazer in the transition to fossil-free road transport, is proud to announce that it has successfully raised €111,500,000 in its latest funding round. Since its establishment in July 2022, Milence has been on a determined mission to empower the shift towards zero-emission heavy-duty vehicles across Europe. This significant investment will accelerate our ambitious plan to build and operate at least 1,700 high-performance public charging stations by 2027, strategically located to serve the growing network of battery-electric heavy-duty trucks. With this capital infusion, we aim to expand our infrastructure rapidly, ensuring that our sustainable energy solutions remain accessible to fleets regardless of brand, while meeting the increasing demands of a cleaner transport landscape.
The funds will specifically be allocated to ramping up our research and development efforts, enhancing our charging technology, and forming key strategic partnerships across the continent. By focusing on innovation and scalability, Milence is set to deliver safe, efficient, and reliable public charging options that are critical in supporting the adoption of electric heavy-duty vehicles. Our state-of-the-art charge points are designed to meet the rigorous demands of commercial transportation, ensuring not only environmental sustainability but also the operational efficiency of our customers. This milestone funding is a testament to the confidence that investors have in our vision and strategy. With power to go further, Milence is energized and ready to drive Europe’s journey toward a greener, more sustainable future in road transport.
