07:34 AM EST, 02/24/2025 (MT Newswires) -- Wallbox ( WBX ) said Monday it raised about $10 million through a private placement 26,707,142 class A ordinary shares.

Investors included Inversiones Financieras Perseo, Orilla Asset Management, and Wallbox ( WBX ) Chief Executive Enric Asuncion.

The company said the investment provides the necessary capital to support the global sales of its electric vehicle chargers.

Wallbox ( WBX ) shares were down 6% in recent premarket activity.