The Spanish electric vehicle charging company closes a financial restructuring of 11.8 million euros and receives another 4 million from Focus On Next Frontier, the investment vehicle of Rafael Ruiz, president of Ebro Motors. The Generalitat of Catalunya also participates with 5 million.
Wallbox, the Spanish company specialised in electric vehicle charging solutions and energy management, has completed a financial restructuring that allows it to raise 11.8 million euros. This amount is supplemented by a separate investment of 4 million euros from Focus On Next Frontier, the investment vehicle of Rafael Ruiz, president of Ebro Motors. In total, the operation amounts to 15.8 million euros.Two pillars of the financial operation
The restructuring consists of a capital increase of 10.65 million euros, to which 1.1 million from the capitalisation of the original issue discount and the interest paid in kind accrued under a bridge loan signed in April 2026 are added. The round has seen the participation of key shareholders and an investment of 5 million euros from the Generalitat of Catalunya, through the IFEM (Catalan Institute of Finance).The entry of Focus On Next Frontier, as Wallbox itself explains in a statement, "is part of Focus's strategy to execute its investment plan in industrial stakes in high-tech companies." Rafael Ruiz, president of Ebro Motors, thus becomes a new shareholder of the company.
“We are pleased to welcome Focus, Rafael Ruiz's investment company, as a new shareholder of Wallbox and we thank them for the trust they have placed in our company,” says Enric Asunción, CEO and co-founder of Wallbox.
An intense 2025 in funding rounds
The operation is not an isolated event. Wallbox had already closed a round of 8.8 million euros (10 million dollars) in February 2025 with the support of Inversiones Financieras Perseo (a subsidiary of Iberdrola), Orilla Asset Management, and Enric Asunción himself. In June of that same year, the company added two new injections: one from the Spanish Society for Technological Transformation (SETT), known as 'Sepi Digital', for 7.9 million euros (9 million dollars); and another of 4.4 million euros (5 million dollars) led by the same investors from the February round.With the recent restructuring, Wallbox has raised over 36 million euros in just a year and a half. The company claims that these funds will strengthen its balance sheet, accelerate the global adoption of its electric vehicle charging solutions, and advance the digitalisation of its products.
For readers interested in the electric mobility sector, this news confirms that Wallbox remains a relevant player in the market, capable of attracting public and private investment despite the sector's volatility. The entry of an industrial profile like Rafael Ruiz, at the helm of Ebro Motors, suggests potential synergies between both companies in the future.
What to expect after the capital increase
The operation is already closed, according to the company’s announcement. The new resources will be allocated to continue developing cutting-edge technologies for smarter and more efficient energy management, as well as to strengthen its international presence. Wallbox is listed on the New York Stock Exchange, although its headquarters and main production centres remain in Spain.The Generalitat of Catalunya, through the IFEM, thus reinforces its commitment to electric mobility and technological innovation in the region. For current shareholders, the entry of a significant new investor like Focus On Next Frontier can be interpreted as a sign of confidence in the long-term viability of the company. However, the company has not detailed specific timelines for new products or geographical expansion beyond what has already been announced.
You may also like
