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Wallbox Announces $10 Million Investment

1. Wallbox secures $10M investment from notable investors. Enhances financial strength. 2. Iberdrola subsidiary participation escalates investor confidence. Fuels global expansion.

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FAQ

Why Bullish?

The new capital reinforces investor confidence and positions WBX for accelerated growth, echoing prior EV sector inflows like those seen in ChargePoint.

How important is it?

While the $10M investment is a positive strategic move, its moderate size suggests a more gradual rather than immediate price impact.

Why Long Term?

The infusion supports ongoing global expansion and technology development, similar to Tesla’s strategic capital use in early growth phases.

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IBE
BARCELONA, Spain--(BUSINESS WIRE)--Wallbox (NYSE: WBX), a global leader in electric vehicle (EV) charging and energy management solutions, announced an investment of approximately $10 million. Investors include Inversiones Financieras Perseo, S.L. (Iberdrola's subsidiary), Orilla Asset Management, and Enric Asunción, CEO and Co-Founder. This investment reinforces investor confidence in Wallbox's strategic vision and strengthens its financial position as it continues expanding its global footpri.

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