Chargelab Welcomes Strategic Investors Eaton And Silver Comet In Expanded $30 Million Series A

Chargelab Welcomes Strategic Investors Eaton And Silver Comet In Expanded $30 Million Series A

04/14/23, 11:05 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgtoronto
Money raised
$30 million
Industry
energy
transportation
sustainability
Round Type
series a
Investors
King River Capital
Today, ChargeLab is announcing the addition of $15 million in new financing to their Series A, doubling funds previously raised and bringing the round's total to $30 million. This expansion includes $10 million in new equity financing at an increased valuation and $5 million in venture debt. The company's first Series A tranche of $15 million led by King River Capital was previously announced on May 18, 2022.

Company Info

Company
ChargeLab
Location
toronto, ontario, canada
Additional Info
ChargeLab builds OCPP-compliant software for managing EV charging stations. We also offer affordable turnkey charging solutions including hardware, software, and installation for businesses and governments.

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