Vancouver-based 7Gen has secured $48 million in debt financing from U.K. energy firm Zenobē to expand its electric vehicle leasing platform and EV infrastructure across Canada. The cleantech startup, which simplifies the deployment of electric trucks, buses, and vans, will use the funds to finance 400 to 500 new vehicles bundled with charging solutions.
Founded in 2020, 7Gen offers fleet assessments, financing, and operational support. The company’s growing momentum follows recent recognition from BC Tech’s Technology Impact Awards and Foresight Canada. “This financing allows us to accelerate Canada’s transition to zero-emission transport,” said CEO Frans Tjallingii.
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