Stockholm, Sweden, September 10, 2025 – Standab, an innovative solution provider for urban smart-charging infrastructure, today announces that it has raised EUR 3.6 million in a funding round. The round was led by Spintop Ventures together with Almi Invest GreenTech. Standab provides patented charging stations for e-scooters, e-bikes and other light EVs, enabling cities and operators to cut costs, reduce clutter, and accelerate the shift to sustainable urban mobility. The funding will be used to scale operations, expand into 15 European cities by the second half of 2026 and broaden its partnerships with leading micromobility operators.

Tackling an urgent urban challenge
Shared micromobility has grown rapidly in European cities, but inconsistent charging practices have led to operational inefficiencies, high costs, and street clutter. Micromobility operators often rely on costly and emission-heavy battery swapping using vans, while cities struggle to integrate these services seamlessly.

A universal solution for operators and cities
Standab addresses these challenges through its standardized charging stations, which are compatible with more than 85% of existing scooter and e-bike fleets. Having already entered partnerships with leading operators such as Dott/Tier, Standab enables automated charging, reduces the need for excess batteries, and significantly lowers CO₂ emissions. In pilots, Standab has shown a 50% reduction in charging costs, 45% higher fleet availability, and up to 55% fewer swap tasks, while cities benefit from decluttered streets and free infrastructure.

Marcus Adolfsson, Co-founder and CEO of Standab, said:
“Cities and operators alike are calling for smarter ways to integrate micromobility into the urban landscape. Our universal charging solution solves operational inefficiencies while reducing emissions and creating cleaner streets. With this funding, we can accelerate our roll-out and work towards making Standab the European standard for micromobility charging.”

Erik Wenngren, Partner at Spintop Ventures, added:
“Standab is uniquely positioned to become the universal smart-charging backbone for Europe’s micromobility sector. The company combines strong operator partnerships, proven technology, and a highly experienced team. This investment means that Standab can roll out their intelligent combined software/hardware solution, as the company continues to scale across Europe and deliver both financial and sustainability impact. This investment is fully aligned with one of our core investment themes: accelerating the transition towards a circular future.”

Jonathan Lannö, Investment Manager at Almi Invest GreenTech, said:
“Standab’s universal charging solution tackles one of the biggest bottlenecks in the micromobility sector: costly and emission-heavy battery swaps. By extending battery lifecycles, reducing fleet overcapacity and enabling grid-smart charging, the company directly reduces emissions and helps cities integrate cleaner, more efficient transport solutions. At Almi Invest GreenTech, our mission is to support companies that accelerate the green transition – a mission that Standab embodies perfectly.”

Press images are available for download here.

For media inquiries, please contact:

Standab press contact
Sabina Ribbing
sabina@pressfwd.se

Spintop Ventures press contact
Catharina Schröder
Head of Investor Relations
catharina.schroder@spintopventures.com

Almi Invest press contact
Anna Wennerstein
Marketing Manager
anna.wennerstein@almiinvest.se

About Standab
Standab is the leading independent provider of smart-parking infrastructure for shared micromobility. The company supports cities and operators with innovative, universally compatible solutions that streamline operations and improve vehicle availability. Its charging infrastructure eliminates manual battery swaps and significantly enhances fleet efficiency. Learn more at www.standab.com

About Spintop Ventures
Spintop Ventures is a true pan-Nordic seed-stage venture capital firm with 15 years of experience scaling software-based technology companies that drive transformational change with a positive sustainability impact. Spintop engages actively with a long-term mindset—from initial investment to exit—to build sustainable value. The team applies a structured methodology designed to rapidly scale technology-based businesses that will last, while delivering a significant positive sustainability impact on climate, diversity and economic development.
Spintop’s approach is proven over four funds. Exits include portfolio companies from across the Nordic countries becoming a part of technology sector leaders such as Cisco, Bentley Systems, Klarna, Synopsys and Zynga; as well as several IPOs. For additional information about Spintop Ventures, please visit www.spintopventures.com

About Almi Invest GreenTech
Almi Invest GreenTech is a Swedish early-stage investment fund backing companies that accelerate the green transition through innovative, high-tech solutions that cut emissions, increase resource efficiency, and create broader environmental benefits for sustainable growth. The fund focuses on scalable technologies that can deliver measurable environmental impact, ranging from renewable energy and circular materials to smarter mobility, biodiversity protection, and reduced pollution.

As part of Almi Invest, Sweden’s most active early-stage investors, the GreenTech fund combines a strong national reach with deep sector expertise to identify and support promising climate and environmental innovations across the country. The team invests with a long-term perspective and works closely with portfolio companies to strengthen strategy, governance, fund raising and market access, helping founders scale both their technology and their impact.
Since its launch, Almi Invest GreenTech has built a portfolio of pioneering startups that represent the next generation of sustainable growth companies in Sweden, contributing not only to reduced emissions but also to improved resource use, healthier ecosystems, and more resilient communities.
For more information about Almi Invest GreenTech, visit www.almi.se/greentech