WAAT
Category: AI in Climate / Energy
WAAT is a French operator of smart charging stations for electric vehicles, specializing in private and commercial environments. WAAT was founded in 2018. The company is led by Patrick Kic. Based in Paris, France. Team size: 201-500. Total funding raised: €130 million. Latest round: Venture Round, €100.0M, 2025-09, led by DWS Group and Bpifrance. Key investors include DWS Group, Bpifrance, RAISE Impact.
- Founded
- 2018
- Headquarters
- Paris, France
- Team size
- 201-500
- Total funding
- €130 million
Value proposition
Provides a comprehensive, turnkey solution for EV charging, covering the full range of services from the design and installation of electrical infrastructure to the operation and maintenance of charging stations.
Products and solutions
Installation of dedicated electrical infrastructure, AC charging stations ranging from 7.4 kWh to 22 kWh, MyWAAT mobile application for charge management and monitoring, Supervision and maintenance services
Unique value
WAAT's uniqueness lies in its focus on providing a full-service, integrated solution specifically for private and semi-public environments (like residential buildings and corporate offices), rather than competing in the public charging space. This is managed through their proprietary 'MyWAAT' mobile application.
Target customer
Multi-unit residences, co-ownerships, social landlords, tertiary real estate, and companies.
Industries served
Real Estate (Residential and Commercial), Corporate Fleets, Automotive
Technology advantage
The company's key advantage is its vertically integrated business model that simplifies the adoption of EV infrastructure for property owners and businesses. This model, combined with the significant capital from its recent €100 million funding round, allows for rapid scaling and a strong market position in France's private charging sector.
How they differentiate
WAAT focuses on providing electric vehicle charging solutions for private environments such as residential and commercial buildings, whereas competitors like IONITY and Fastned primarily target public highway charging networks. Their core technology centers on dynamic load balancing through the MyWAAT platform.
Main competitors
Electra, IONITY, Fastned
Key partnerships
A major partnership with SWEN Capital Partners, which led a €100 million funding round to support WAAT's expansion., Collaborations with property management companies, social landlords, and businesses to deploy their charging infrastructure.
Notable customers
Information not publicly available.
Major milestones
Raised €100 million in a funding round in September 2025., Winner of the French Tech 120 in 2024., Raised €30 million in funding in November 2022.
Growth metrics
The company has already equipped more than 3,000 homes with charging points.
Market positioning
WAAT is a leading provider in France of electric vehicle charging services, covering installation, operation, and maintenance. It holds a market share of almost 15% of electric vehicle charging points for multi-residential buildings in the country.
Geographic focus
Primarily France, with plans to expand across Europe.
Patents and IP
No publicly available information on patents filed by WAAT SAS was found during the search.
About Patrick Kic
Over 14 years of experience as an Associate Director at GROUPE KIC before co-founding WAAT in 2018.
Official website: https://waat.fr/