Hubber, a London-based EV charging platform has reportedly raised £60 million (US$76.2 million) in equity funding.

The company was founded in 2024 by former Tesla UK employees Harry Fox, Connor Selwood, and Hugh Leckie.

The round was led by James Bayliss, former head trader at Elliott Advisors (UK), with Christopher Fox, former CFO of the British Business Bank, also serving as a lead investor.

The company plans to use the funds to deploy 30 high-powered charging hubs across major UK cities, aiming to deliver a combined 100 MW of grid capacity.

Hubber’s first site is set to open on August 20 in Lewisham through a partnership with RAW Charging.

The company focuses on developing modular hubs for commercial fleets—such as taxis, ride-hailing services, and delivery vans—to address the shortage of fast-charging infrastructure in cities.

🔗 Source: Silicon Canals

🧠 Food for thought

1️⃣ Geographic infrastructure gaps create compelling investment opportunities

Hubber’s £60 million raise addresses a well-documented problem in UK charging infrastructure distribution.

Over a third of UK local authorities have ten or fewer EV charging locations, creating what the BBC describes as a “patchy” network, with only three out of 385 local authorities having over 100 charging locations 1.

The geographic disparity is stark, with charging point distances varying from 0.16 km in Westminster to 10 km in Craven, North Yorkshire, highlighting the urban-rural divide that Hubber aims to address 1.

This infrastructure gap becomes more critical when considering that over 80% of streets in dense urban areas are used for car parking, complicating charging access for city dwellers 2.

Greater London leads with 25,502 charging points out of 84,218 total UK charging points, yet this concentration still leaves gaps that specialized urban-focused companies like Hubber can target 3.

2️⃣ High-powered charging economics justify premium infrastructure investments

The charging infrastructure market demonstrates clear economic incentives for companies focusing on high-capacity solutions.