Commercial fleet charging solutions firm Tual has raised £1.5m in new funding that backs its mission to build next-generation charging infrastructure for commercial vehicle electrification at scale.

The new funding round was led by one of Europe’s foremost ‘physical tech’ investment funds PT1 and included participation from Ascension Ventures, the UK-based early-stage fund, and P3A, the German investment firm specialising in energy, utilities, real estate and infrastructure technology.

The funding will enable Tual to move into full-scale production of its production-spec PowerUp battery-buffered DC charging system and build out field operations ahead of its launch in Europe. Earlier this month, the business announced the appointment Luke Dowell as chief technology officer to support the scale-up of its PowerUp Charger technology across European fleet markets.

Tual’s technology is designed to address critical charging barriers facing commercial electric vehicle operators – delivering dependable charging for enterprise and critical-response fleets. The firm’s PowerUp Charger delivers high-power DC charging on grid-constrained sites through integrated battery energy storage, drawing and storing power during off-peak periods for on-demand deployment.

Philip Clarke, founder and CEO at Tual, said: “Europe’s infrastructure-tech investors recognise the scale of the challenge ahead. They understand energy, the role of batteries, heavy industry, and the complex financing required to build the next generation of infrastructure. Their backing is a strong validation of both our technology and our operating model – and their networks will allow us to scale significantly faster across Europe.”

PT1 brings an extensive track record in next-generation battery systems, real estate technology and the wider energy transition, with investments including Voltfang and Terra One.

Ascension and P3A add further depth, bringing domain expertise across sustainability, industrial electrification and the financing of complex infrastructure assets.

The investors support Tual’s ability to deliver a scalable, infrastructure-led model for dependable commercial EV charging. They also bring extensive networks of commercial customers across Europe, giving Tual accelerated access to high-value deployment opportunities.

Clarke finished: “It’s great to have such committed endorsement, and we’d like to thank PT1, Ascension and P3A for their trust, expertise and shared commitment to building the charging infrastructure that commercial electrification urgently requires.”