AMP IT Secures €7M to Turn Buildings into Smart EV Energy Hubs

GENEVA, SWITZERLAND – May 12, 2026 – Geneva-based energy and mobility firm AMP IT has announced the successful completion of a new funding round, bringing its total capital raised since its 2021 inception to €7 million. The investment, notably supported by the Swiss Technology Fund, is set to accelerate the deployment of the company's private electric vehicle (EV) charging and energy management platform, fueling its expansion within Switzerland and into key European markets.

While the surge in EV sales across Europe signals a clear public appetite for cleaner transportation, it also exposes a critical and complex challenge: the lack of adequate, intelligent private charging infrastructure. AMP IT aims to solve this problem not by just installing plugs, but by transforming entire buildings into sophisticated, self-optimizing energy ecosystems.

Beyond the Plug: A Software-First Approach

At the core of AMP IT's strategy is a comprehensive 'charging-as-a-service' model. The company develops, finances, installs, and operates smart EV charging infrastructure for a range of private settings, including residential buildings, commercial real estate, and corporate fleets. This model removes the significant upfront capital expenditure for property owners, a major barrier to adoption, bundling hardware, installation, and ongoing management into a single subscription.

However, the true differentiator lies in its proprietary software, the AMP IT Hub. This platform moves beyond simple charging scheduling to offer a fully integrated energy management solution. It enables real-time monitoring of charging assets and leverages AI-powered algorithms for intelligent charging scheduling. These algorithms dynamically optimize energy usage, prioritizing power from local renewable sources like rooftop solar panels and managing demand to avoid peak pricing and grid overload.

“Users are increasingly looking for solutions that are simple, efficient, and affordable which is exactly what we provide,” said Florian Mounayer, Co-founder of AMP IT. “This funding allows us to accelerate our vision of transforming buildings into intelligent energy hubs.”

This approach helps reduce electricity costs for users and ensures a more reliable charging experience. For property managers, it provides a turnkey solution with automated, subscription-based billing, user management, and remote troubleshooting capabilities, turning a potential logistical headache into a valuable amenity.

Tackling the Swiss Charging Challenge

Switzerland, AMP IT's home market, serves as a perfect microcosm of the opportunity and the challenge. The country boasts one of Central Europe's highest EV adoption rates, with electric and plug-in hybrid cars accounting for approximately 28% of new registrations. However, this rapid adoption has outpaced infrastructure, particularly in private settings. A significant portion of the Swiss population are tenants in multi-unit apartment buildings, where installing a private charger can be a bureaucratic and financial hurdle for both tenants and landlords.

AMP IT’s model directly addresses this market gap. By financing the infrastructure, the company allows building owners to offer state-of-the-art EV charging without an initial investment, making their properties more attractive to a growing demographic of EV drivers. The company's strong growth, including double- to triple-digit annual revenue increases and a development pipeline exceeding 15,000 charging points, underscores the potent demand for this solution.

“Private EV charging is becoming a critical layer of the energy transition,” noted Maria Mozgovaya, Co-founder of AMP IT. “We combine infrastructure, software, and energy management into one seamless platform.” This integrated system is proving essential in a market where simply providing a plug is no longer sufficient.

A Two-Pronged European Expansion

The new capital infusion is earmarked not only for deeper penetration in Switzerland but also for a strategic international expansion. The company is targeting high-potential European markets with a nuanced, two-pronged approach, focusing on the Nordics and Southern Europe.

In the Nordic countries, a region at the vanguard of the EV revolution with markets like Norway seeing over 90% of new car sales being electric, the infrastructure is largely in place. The challenge there is not a lack of chargers, but a need for optimization. AMP IT plans to leverage its powerful software to make existing and new charging networks smarter, helping manage the immense electrical load on the grid and integrate it with the region's abundant renewable energy sources.

Conversely, Southern Europe represents a high-growth, emerging market. Countries like Spain and Italy are witnessing an acceleration in EV adoption, creating a pressing need for new infrastructure. Here, AMP IT's full-service model is perfectly suited to help build out the foundational charging networks in residential and commercial properties from the ground up.

“With current volatility in fuel prices, we expect EV adoption in our markets to accelerate significantly,” added Ilya Tyuvildin, Co-founder of AMP IT. “Switzerland remains our core market, but international expansion is a key pillar of our strategy.”

The Bigger Picture: Grid Stability and the Energy Transition

The significance of companies like AMP IT extends far beyond corporate growth and market share. As Europe pushes towards its goal of phasing out new combustion engine cars by 2035, the strain on national power grids is a looming concern. The unmanaged charging of millions of EVs simultaneously could lead to instability, blackouts, and the need for costly grid upgrades.

Intelligent energy management platforms are a critical piece of the solution. By dynamically shifting charging times away from peak demand, prioritizing the use of locally generated solar power, and balancing the load within a building, AMP IT's system helps to smooth out demand curves and reduce stress on the public grid. This function is not just a feature; it is a fundamental enabler of a sustainable, large-scale energy transition.

The backing from the Swiss Technology Fund, a government-backed entity that provides loan guarantees to companies contributing to greenhouse gas reduction, further validates this impact. Their support signals confidence not only in AMP IT's business model but also in its technology's potential to deliver tangible environmental benefits. By positioning itself at the intersection of mobility, real estate, and energy management, AMP IT is not just charging cars—it is building the flexible, responsive, and intelligent energy infrastructure of the future.