UK Business

Startup managing mixed EV fleets for Royal Mail, Bolt and Schneider Electric raises €2.5M

Volteum, the London and Budapest-based fleet management startup, has secured €2.5 million in a funding round led by Movens Capital to bring together mixed electric, petrol and diesel vehicles on a single platform. The investment takes the company’s total raised to €3.75 million and will underpin its expansion into the UK, Benelux and DACH regions.

Funding fuels push into mixed‑fleet management

The round was led by Movens Capital, a Warsaw-based venture capital firm established in 2018 that focuses on seed and Series A investments in high-growth technology companies across Poland and Central Eastern Europe. Movens typically invests between €2 million and €6 million and provides hands-on strategic support through its Movens Academy and Movens Advisory initiatives. For Volteum, the capital will be used to scale its platform and target new customers in logistics, utilities and vehicle leasing and rental businesses – sectors where fleet compositions are becoming increasingly diverse.

Volteum was founded in 2020 by Krisztian Putti, Zsófia Tóth, Kornel Kalman and Dávid Kertész, initially concentrating on route planning for electric vehicles. The company now employs 15 people and has evolved to address the wider challenge of managing fleets that contain a mix of powertrains. It previously closed a €1.25 million funding round in November 2022, launched an Electrification Planning tool in June 2023 and introduced Charging Optimisation capabilities in 2024. The latest funding was announced in June 2026.

How the platform unifies different vehicle types

Traditional fleet management systems often struggle with the unique demands of electric vehicles – such as charging management, battery health monitoring and home-charging reimbursement – because they were designed for internal combustion engines. Volteum’s platform aims to solve that by offering a single interface that treats electric, petrol and diesel vehicles as equal citizens in the same operational workflow.

The key to this integration is direct connection to vehicle manufacturers’ data through OEM APIs. Instead of installing additional hardware in each vehicle, Volteum pulls information directly from the manufacturer’s own systems, covering charging activity, mileage, battery health, fault codes, maintenance schedules and costs. The platform then consolidates that data and applies machine‑learning models trained on more than three billion operational fleet data points to generate recommendations for charging, maintenance and vehicle utilisation. The result, the company says, is a reduction in manual planning workload of up to 90% and a cut in operational costs of as much as 30%.

Volteum’s CEO, Zsófia Tóth, emphasised that the platform is not designed to force immediate full electrification. Instead, it gives fleet managers the tools and data they need to make the most cost-effective decisions during the transition. “Our goal is to provide knowledge, not to push a particular technology,” she said. The company also offers a dedicated Electric Fleet Planner tool that helps organisations map out long-term electrification strategies in a practical, cost-aware manner.

Speed of deployment and existing customers

Because Volteum connects directly to manufacturer data without requiring hardware installation, fleets can become operational on the platform within 48 hours. That rapid onboarding is a deliberate differentiator in a market that includes established players such as Samsara, Verizon Connect and Webfleet, all of which typically rely on aftermarket telematics hardware.

The startup already serves a notable list of clients, including Royal Mail, Bolt, Lex Autolease, Schneider Electric, OTP Bank, NG Bailey, Dundee City Council, MOL and Siemens. Royal Mail, which aims for net‑zero emissions by 2040 and operates the largest electric delivery fleet in the UK, has been progressively introducing micro‑electric vehicles for last‑mile deliveries. Schneider Electric, a global leader in energy management and automation, is involved in EV charging infrastructure and recently acquired EV Connect to expand its charging management capabilities.

Thaddeus Norwell

Business & Technology Writer
Thaddeus Norwell is a business and technology writer based in London, UK. He reports on business trends, digital innovation, and regulatory developments shaping the UK economy, focusing on practical outcomes rather than speculation. His work explores how technology and policy affect companies, markets, and consumers.
· Market and regulatory analysis, fintech sector reporting, enterprise technology coverage
· UK corporate landscape, tax and fiscal policy, interest rates and mortgages, AI regulation, cybersecurity threats, startup ecosystem

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