GRIDSERVE Raises $135 Million to Advance EV Charging in UK

GRIDSERVE has secured a new £100 million equity investment (around $135 million) to accelerate the expansion of its nationwide electric vehicle charging network. The funding comes from existing institutional investors, including TPG, Infracapital, and Mitsubishi, and will strengthen the company’s position in the rapidly growing EV charging market.

The capital will be used to expand GRIDSERVE’s high-power charging infrastructure across key routes in the UK, ensuring drivers have reliable access to fast and convenient charging. With this latest investment, GRIDSERVE is well positioned to scale its operations and deliver on its mission to make electric driving accessible for all.

Chair of the Board Roy Williamson said the funding reflects strong confidence in GRIDSERVE’s growth strategy. He noted that the company’s commitment to industry-leading reliability and customer service has been central to its success, with the network already delivering uptime above 99%.

Chief Executive Daniel Kunkel highlighted that the continued backing from major shareholders will enable GRIDSERVE to further strengthen its offering. He emphasized the company’s focus on delivering a five-star charging experience, supported by strong partnerships at key locations, which will drive further expansion at a critical time in the transition to sustainable transport.

Investor representatives also voiced their confidence in GRIDSERVE’s future. Infracapital said the investment underlines its long-term support for the company’s growth, while TPG praised the network’s combination of quality, reliability, and convenience. Mitsubishi HC Capital UK added that GRIDSERVE plays a vital role in the UK’s shift toward cleaner transport, and that their renewed backing reflects confidence in both the company’s leadership and its scalable business model.

With this new round of funding, GRIDSERVE aims to accelerate the rollout of its charging infrastructure, reinforcing its role as a key player in supporting the UK’s move to an all-electric future.