EnergyStartupsTechnology

Rightcharge Secures €1.8 Million to Expand Fleet EV Charging Payment Platform Across European Markets

London-based Rightcharge has secured €1.8 million in seed funding to expand its automated EV charging payment solution for fleets across Europe. The platform addresses the critical challenge of home charging reimbursement through direct energy account integration. Through a partnership with Octopus Electroverse, the technology will be deployed across multiple European markets.

Funding Round and Expansion Plans

London-based electric vehicle charging platform Rightcharge has reportedly secured €1.8 million (£1.6 million) in a seed funding round to accelerate its European expansion, according to recent reports. Sources indicate the investment was led by Soulmates Ventures, with participation from Blackwood Ventures, Unruly Capital and Purple Ventures.

Economy

Global Markets Slide as US Banking Concerns Trigger Investor Anxiety

Global stock markets experienced significant declines as investor concerns mounted over US banking sector stability. Reports indicate regional bank losses and private credit market issues have sparked risk reassessment across financial markets, with gold prices hitting record highs as investors seek safe havens.

Market Turbulence Spreads Globally

Stock markets around the world faced substantial declines as investor confidence wavered amid growing concerns about the US banking sector, according to financial reports. Major European indices including Germany’s Dax and France’s Cac 40 reportedly fell significantly during Friday’s trading session, reflecting broader market unease that has been building throughout the week.

Economy

Global Markets Slide as US Banking Concerns Trigger Investor Anxiety

Financial markets worldwide experienced significant declines as investor concerns mounted over US banking sector stability. Reports indicate regional bank losses and lawsuits combined with private credit market worries to drive market volatility. The uncertainty pushed gold prices to record highs as investors sought safe havens.

International Market Reaction

Global financial markets faced substantial pressure as investor confidence wavered amid growing concerns about the US banking sector, according to market analysis. Major European stock market indexes including Germany’s Dax and France’s Cac 40 reportedly declined significantly during Friday’s trading session.