May 21, 2024
  /  
Ed Harvey

Evnex secures investment to fuel expansion and innovation

Evnex secures investment to fuel expansion and innovation

Today, we’re thrilled to announce a major milestone for Evnex: We've secured a strategic investment from Sydney-based Adamantem Capital’s Environmental Opportunities Fund, positioning us to elevate our mission of delivering the world’s best home EV charging experience with the lightest impact on earth.

The fund is located in Sydney, Australia, and invests in businesses helping drive Australasia’s transition to net-zero emissions — a key component being renewable energy and electrification. In collaboration with the team at Adamantem, we're gearing up to bring new and innovative products to our customers, improve manufacturing efficiencies, and invest in automation and systems required for scale. As we celebrate a decade in business this year, I’m really proud of our team and the reputation we've built as leaders in smart charging technology. 

Over the past five years, Evnex has installed more than 6,000 home and business chargers across New Zealand and Australia. We’ve also built an organisation which is trusted by renowned brands such as Volkswagen, Volvo, Skoda, Cupra, Subaru, LDV, Polestar, and Z Energy.

Recent power shortage warnings in New Zealand underscore the importance of our work. This new funding will help us to accelerate the technology, partnerships and scale required to deliver meaningful impact as we shift charging to off-peak times, reducing stress on the network and minimising the use of fossil fuels.

At Evnex, our smart chargers are locally made, using components sourced and assembled in New Zealand. This investment not only fuels our growth but also reaffirms our commitment to sustainability and innovation.

Thank you for being part of our journey. With this new chapter, we look forward to continuing to drive the future of smart EV charging and making a significant positive impact on our communities and the environment.

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Ed Harvey
Ed Harvey
  —  
CEO
PUBLISHED 
May 21, 2024