French startup Bump has signed a multi-year financing partnership with DIF Capital Partners in order to roll out more charging stations for electric vehicles and double down on growth in general.
It is an equity and quasi-equity $180 million deal that will be progressively unlocked from 2022 to 2030. Yesterday, ZePlug also announced a significant investment — but ZePlug focuses on a different market with partnerships with residential and office buildings.
Today’s news is extremely important because Bump operates with a capital intensive business model. The company has already created 300 charg