Global Leader In Ethanol, Bioenergy, And Sugar Production, Raízen Invests R$ 10 Million In Electric Vehicle Charging Startup, Aiming To Develop The Charging Network In Brazil

The Startup That Raízen Is Investing In Operates with Charging Solutions for Electric Vehicles, Through a Supply Network Integrated with a 100% Digital Platform

Raízen’s investment aims to accelerate the development of the charging network in Brazil, and the company leads the R$ 10 million investment round in the startup Tupinambá Energia. The startup offers charging solutions for electric vehicles, operating in the electric fueling infrastructure from start to finish, from the digital platform to the charged vehicle.

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The startup Tupinambá has a digital platform that is integrated with a network of charging points, enabling various commercial enterprises to offer charging services for their customers’ electric vehicles. Currently, the platform maps more than a thousand charging points, which makes drivers’ journeys easier by detailing the existing network of electric chargers in Brazil.

The startup also generates its capital by providing advertising panels at charging stations along with shopping centers and commercial hubs. Davi Bertoncello, CEO of Tupinambá, stated that the partnership with Raízen and Plataforma Capital aims to create a unique experience for customers.

In the pursuit of decarbonizing the automotive segment by valuing the use of renewable energy, Raízen is leveraging its partnership with the startup to accelerate its growth strategy in renewables. To do this, the company is adding new solutions that efficiently and sustainably meet different challenges and needs.

“With the ESG agenda heating up, Brazilian companies are seeking ways to become greener, not only in discourse but, primarily, in practical action,” said Tupinambá co-founder Pedro De Conti. He considers Tupinambá the ideal partner to help companies reach this new goal, facilitating investment in electric vehicles.

Consequences of the Merger with the Startup

The partnership with the startup will integrate Raízen’s electric mobility portfolio, which includes the supply of renewable energy and electric fueling solutions for corporate fleets. In addition, at the end of last year, the development of a large rapid charging network was also announced through the Shell Recharge program.

With these recent actions and partnerships, Raízen invests in its strategy to be a one stop shop for energy solutions, offering products and solutions in distributed generation and energy trading in the free market, energy efficiency, renewable energy certificates, and electric mobility, all guided by the sustainability of clean and renewable sources.

According to Frederico Saliba, Vice President of Energy and Renewables at Raízen, the business cooperation will draw on the company’s know-how as well as its Business Units, so that investments grow rapidly and sustainably, transforming electric mobility in Brazil.

Four years ago, Raízen founded Pulse, a hub for promoting open innovation. Today, the project has developed more than 50 associated startups and, in recent years, has enabled more than 70 pilot projects to be tested.