Union Square Ventures Backs Indian Ev Infra Startup Bolt.Earth In $20M Funding
10/05/23, 9:08 AM
Location
united statesMoney raised
$20 million
Bolt.Earth, an Indian startup that offers charging infrastructure and software solutions for electric vehicles, has raised $20 million in a funding round to expand its presence within the South Asian nation and enter into new markets.
Company Info
Location
united states
Additional Info
The firm builds charging infrastructure for electric vehicles (EVs) across various power and customisation needs. AdvertisementThe firm had last raised $4 million in a funding round in 2021, per Tracxn. StoriesWith the raised funds, Bolt Earth is looking to advance its product portfolio “with a balanced mix of slow and fast charging points,” the firm said in a statement. The funds will also be used to acquire talent and expand into international markets in “Asia, Europe, South America, and Latin America”, the company added.