AMP IT, the Geneva‑based operator of private EV charging and energy‑management platforms, has closed a €7 million financing round led by the Swiss Technology Fund, bringing total capital raised since inception to that level. The infusion, supplemented by strategic venture backing, will accelerate deployment of its charging‑as‑a‑service architecture across Switzerland and selected European corridors, reinforcing the firm’s ambition to convert ordinary buildings into intelligent energy hubs.

The company’s proprietary AMP IT Hub delivers real‑time monitoring, AI‑driven charging schedules, and subscription‑based billing, enabling users to tap local renewable generation while optimizing demand. This integrated software‑hardware stack has already generated double‑ to triple‑digit annual revenue growth and a pipeline of over 15,000 charging points, positioning AMP IT as a pivotal supplier of private EV infrastructure in markets where grid constraints demand bespoke solutions.

From an institutional capital perspective, the round underscores the growing appetite of sovereign‑backed funds for climate‑aligned technology ventures. By channeling loan guarantees and equity into scalable EV charging platforms, sovereign investors are effectively seeding the private‑sector backbone required for a rapid transition to electric mobility, a dynamic replicated in the Middle East and North Africa where sovereign wealth allocations increasingly target resilient, low‑carbon energy networks.

For the MENA region, AMP IT’s model offers a blueprint for leveraging private capital and advanced energy management to fast‑track EV charging deployment amid constrained public infrastructure budgets. The convergence of venture funding, sovereign financing, and software‑centric solutions is poised to catalyze a new wave of modular, grid‑interactive charging ecosystems, accelerating regional decarbonization targets and reinforcing the strategic shift toward sustainable mobility across the Middle East and North Africa.