Fund the development of next-generation charging stations for electric vehicles.
Established in 2019, Paragon Mobility is an innovative French company that manufactures and markets new-generation recharging stations for electric vehicles, known as “Pods”. These energy stations stand out for their ability to recharge vehicles very quickly (15 min to 1h), for their ease of transport and installation with minimal work, and for their ability to connect to even a constrained power grid (low-voltage) or even to dispense with the power grid thanks to on-board energy storage. On-board charging stations range from 22 to 200 kW per charging port, and batteries from 50 kWh to 1,500 kWh. Through its solutions, Paragon Mobility offers high value-added recharging and energy optimization services for businesses, industrial and transport fleets, and local authorities. Paragon Mobility helps them to technically meet the growing needs of their electric vehicle fleets, while optimizing their electricity bills and avoiding heavy, costly investments that are difficult to scale up and down. Paragon Mobility currently employs 12 people and has generated total sales of almost half a million euros. Paragon Mobility is seeking to raise 1,350,000 euros to finance the production and commercial roll-out of new charging Pods to customers.
The offer
The fundraising of Paragon Mobility
The fundraising presented will amount to 1,350,000 euros. The funds will be used to produce and refinance electric charging stations (“pods”) whose installation and rental have already been contracted for five years.
The issuance will be made at the level of the asset development company, which is 100% owned by Paragon Mobility.
The maturity will be three years, and the interest rate will be 8.75%.
The bonds will be repaid using the secured revenues by Paragon, or through debt or equity refinancing.
Specifications
Investment phases
- Investment open to everyone
End of project financing
The closing date for contributions may be extended at the request of the project owner.
The return on your investment will be calculated from the date the subscription certificates are generated, i.e. once all the funds have been received and the legal documentation has been signed by the project owner.
Resources
Simulator
Investment simulation
Paragon Mobility - Obligation 8.75%/year over 3 years
Simulation - Rate : 8.75% / year on 3 ans
Initial investment:
€1,000
Repayments and interest:
€1,262.5
In 3 transfers
| Date | Interest* | Capital | Amount |
| 19/07/2025 | €87.5 | €0 | €87.5 |
| 19/07/2026 | €87.5 | €0 | €87.5 |
| 19/07/2027 | €87.5 | €1,000 | €1,087.5 |
| Total | €262.5 | €1,000 | €1,262.5 |
*Gross interest before tax, including all fees (view taxation) The result presented is not a forecast of the future performance of your investments. It is only intended to illustrate the mechanics of your investment over the investment period. The evolution of the value of your investment may vary from what is shown, either increasing or decreasing. | |||
The project
Paragon Mobility, founded by Jean Lemaire in 2018, focuses on developing and marketing new energy management and optimisation infrastructure building blocks offering multiple services around electric vehicle charging and energy storage (Pods).
These Pods are plug-and-play energy stations that are flexible and adaptable, designed to meet the challenges of large-scale deployment of fast-charging infrastructure in France and Europe. Their rapid installation (less than two months) and low cost make them the ideal alternative to conventional charging stations. These Pods are designed and assembled in factories in France and Germany so that they can be rapidly deployed on site in just a few hours, with very little work required.
Paragon Mobility's charging stations can recharge both light and heavy vehicles, and are particularly well suited to transport companies faced with carbon neutrality targets, or to corporate and local authority fleets. The user experience is optimised thanks to a dedicated application that allows users to check the availability of charging points and monitor their consumption in real time.
WORDS FROM THE FOUNDER, JEAN LEMAIRE :
"At Paragon, our vision is that energy and transport are facing a radical industrial transformation. The growth in renewable energies, the use of electricity and the development of electric vehicles mean that we need to offer a new type of innovative, intelligent and flexible infrastructure to better manage and optimise energy flows at a local level and provide new services.
I set up Paragon to drive this revolution in energy transition infrastructure and enable the widespread deployment of technologies that limit global warming. Our technological, operational and commercial package, which is unique in Europe, means that we have already attracted the attention of a number of major players, and have earned our credibility.
By supporting our project and our search for funding, you are backing our ambition, our energy and our efforts to scale up a major industrial, technological, environmental and economic project.
THE BUSINESS MODEL
Paragon Mobility's business model is built around a range of customisable products and services. An initial investment of €4,990 is required to purchase a charging Pod, with a monthly subscription starting at €790 for the first models.
This model enables Paragon Mobility to generate stable and predictable revenues, securing the company's cash flow over several years. It also enables customers to minimise and control their capital expenditure, while benefiting from regular maintenance and monitoring of their equipment by the team.
The Paragon Mobility team is highly experienced and has developed a deep understanding of the energy market over the past 20 years, including the trends and evolving needs of key market players. This enables Paragon Mobility to position itself favourably in its competitive environment, with significant growth potential and leading development opportunities both in France and internationally.
MARKET OPPORTUNITY
Paragon Mobility is seeking to address the lack of electric charging infrastructure in Europe. The imbalance between supply and demand can be explained by the strong growth in sales of electric vehicles (+110% in three years), while dedicated recharging infrastructures have only increased by 58%. This imbalance is likely to increase over the next few years: by 2030, there will be 28 million electric vehicles in Europe, which will need to be supported by a network of at least 5 million recharging points.
Why is there such a shortage of infrastructure? There are several reasons. Firstly, the cost of connecting to the network is not linear and depends very much on the power to be connected. Connection costs can be prohibitive, especially when the capacity of the installations exceeds 250 kW. The long lead times for connecting terminals can also dissuade companies from installing them, sometimes exceeding 18 or even 24 months.
What's even more problematic is that only 15% of new installations are 'fast' charging points (> 22kW), a major problem that Paragon Mobility intends to solve because charging time is one of the main concerns of market players and participants when they consider switching to electric vehicles.
ACHIEVEMENTS AND OBJECTIVES
Paragon Mobility has already secured almost half a million euros in revenue to date. In France, the company is aiming to install around 500 Pods, generating between €70m and €100m in annual revenue by 2030. In Europe, the company is aiming to install 1,000 to 1,500 Pods (more information in the analysis of available documents).
Paragon Mobility has already received orders from very large international groups since 2021 and has a commercial pipeline of over 400 pods in France. To date, six pods have already been manufactured and some have been in commercial operation for more than 3 years.
RISKS AND GUARANTEES
You will find below details of all project-related risks, together with the associated control procedures.
CREDIT RISK / REFINANCING
Credit risk related to the company's ability to refinance and meet its debt obligations.
➔ The revenues secured from Vestas fully cover the amount of the bond issue. Repayment may also take place following refinancing, in debt at the level of the asset company or holding company, or in equity following a future capital increase.
PRODUCTION RISKS
Risk of late delivery or even non-completion of charging stations to be delivered.
➔ The charging stations are easy to manufacture and do not require extensive expertise that could delay production. Typical delivery times are around 3 months, and can be reduced to as little as 6 weeks. Paragon Mobility currently works with two factories in France and aims to roll out other factories on a local scale in France and Europe.
COUNTERPARTY RISK
Risk of default by counterparties on charging station orders, which would jeopardize the project's cash flow.
➔ Vestas is the major counterparty in this transaction. As a Danish company, world leader in the manufacture and maintenance of wind turbines and founded in 1945, it is a trusted partner of Paragon Mobility. The contracts between Paragon Mobility and Vestas are for a renewable period of 5 years. Affected by the Covid19 crisis, the company will post a loss of 99 million euros in 2023, but is nevertheless forecasting an increase in sales of 8% compared with 2022, to almost 6.26 billion euros in 2023. The company is growing steadily worldwide, and particularly in the French market. Its wind turbine service business is a key profit centre for the Group. The partnership with Paragon Mobility should enable the company's fleet of service vehicles to be transformed into a low-carbon fleet, helping to reduce the company's carbon emissions.
MARKET RISK
This risk may be caused, for example, by a change in macroeconomic circumstances, a drop in demand in the sector, or dependencies on other sectors.
➔ The market for charging stations is booming, keeping pace with the growth of the electric vehicle market. Demand is strong, and is unlikely to diminish for several years.
Investing in this participatory finance project involves risks, including the risk of total or partial loss of the capital invested. Your investment is not covered by the deposit guarantee schemes established in accordance with Directive 2014/49/EU of the European Parliament and of the Council (*1). Nor is your investment covered by investor compensation schemes established in accordance with Directive 97/9/EC of the European Parliament and of the Council (*2). Return on investment is not guaranteed. This is not a savings product, and we advise you not to invest more than 10% of your net assets in participatory finance projects. You may not be able to sell the investment instruments when you wish. If you are able to sell them, you may still incur losses.
Project owners
Help raise funds for Paragon Mobility, manufacturer and installer of new-generation electric charging stations.
Created in 2018, Paragon Mobility is a French company that manufactures and markets next-generation charging stations for electric vehicles called “Pods”. These energy stations have the particularity of charging vehicles very quickly (15 min to 1h), being mobile and easily transportable, installing without work and being able to potentially operate without an electrical network thanks to an onboard energy storage.
These charging stations can therefore be associated with seasonal uses or occasional needs, but also long-term needs where the ability to evolve the infrastructure over time is crucial. Their capacity ranges from 22kW to 550kW for the largest ones.
Paragon Mobility offers charging services for businesses, as well as consulting services to help them more easily transition to an electric transportation range.
Our analysis
Investing in this participatory financing project involves risks, including the risk of total or partial loss of the capital invested. Your investment is not covered by the deposit guarantee schemes established in accordance with directive 2014/49/EU of the European Parliament and of the Council. Your investment is also not covered by the investor compensation schemes established in accordance with Directive 97/9/EC of the European Parliament and of the Council. Return on investment is not guaranteed. This is not a savings product, and we recommend that you not to invest more than 10% of your net assets in participatory finance projects. You may not be able to sell the investment instruments when you wish. If you are able to sell them, however, you may incur losses.
