21 Feb 2019
Alumni phone charging start-up given energy boost by new investment
An alumni start-up that has been called the ‘Boris Bike of phone charging’ has recently secured a £1.2m investment.
ChargedUp was founded by alumni Charlie Baron (left) and Forrest Skerman-Stevenson (second right), who both graduated in 2016, alongside graduates from Exeter University. In August 2018 they launched London’s first phone charging network, securing their latest investment last week.
The chargers run wholly on green energy and are compatible with both Apple and Samsung devices. Users can discover the location of the vending stations via the ChargedUp app, as well as the number of chargers available. For 50p per 30 minutes, people can use these chargers on the go for as long as necessary before returning them to another station of the user’s choice.
The large investment comes from The Garage, founded by businessman Sir John Hegarty, and the JamJar fund, founded by the creators of Innocent Smoothies.
In a statement, Sir John said: “At its simplest, ChargedUp addresses a massive need in the market, mobile devices running out of power.
“But more than that, ChargedUp provides advertisers with a powerful medium that connects directly with their audience at point of purchase.”
Following their launch six months ago, ChargedUp has grown from 40 to 300 vending stations across London’s cafes, restaurants and train stations. It plans to use their latest investment to fuel growth of its network to a host of UK cities and metropolitan areas, having delivered over a million minutes of charge since being launched.
In January, the company partnered with Marks and Spencer, placing charging stations in some of its London stores. There is potential for the stations to be rolled out in all stores by the end of the year. The company also currently has a current Loughborough student on placement with them, and plans to take on more over the coming months.
Charlie graduated with a degree in Management Sciences and Forrest from a degree in Industrial Design in 2016. They have previously launched their own design agency called InDemand Design.
You can download the ChargedUp app online, and to find out more information you can visit the ChargedUp website. If you're interested in supporting their next fundraising round or have connections with the retail industry, please contact Charlie Baron.
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