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Manufacturing and Retail

Urban Electric

Status: Funded

Aug 13th 2019 - Sep 3rd 2019

Founded in 2017, Urban Electric aimed to create the world's largest urban electric vehicle charging networks. The company has now introduced the UEone 'pop-up' charge point. The company is working with Oxford, Plymouth City councils, & MoUs with Dundee. Since summer 2018, Urban Electric secured 'Innovate UK' project that backed £600K to install the world's initial 'pop-up' charging hub in partnership with Oxford City. With the proceeds, the company will be able to deliver a great customer experience, manage the grid, and allow drivers to make money from the excess energy stored in the car battery. In 2020, the company is aiming to install 18 additional charging hubs in Plymouth and Dundee.

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  • £474,640
    pledged
  • 189%
    of goal

    £250,000
    target

    £3,000,000
    pre-money valuation

    7.69%
    equity available

    942
    investors

    £504
    pledge per investor

    10830248
    company number

    Active
    company status

    22/06/2017
    incorporated 3 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    13 Aug 19 Crowdcube £474,640 / 190%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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