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DeCharge has raised $2.5 million in seed funding to expand its AI-powered energy network for electric vehicles. The round was led by Lemniscap with contributions from several notable investors.

Mar 27, 20254 months ago

Amount Raised

$2.5 Million

Round Type

seed

HyderabadRenewable EnergyEnergy

Investors

Mathieu BaudetManan PatelVibhu NorbyArnold LeeShekNomLevitate LabsEcho Fundraiser Chainyoda JedisEv3 LabsDaedalus AngelsColosseumLemniscap

Description

DeCharge, the next-generation EV charging network, has raised $2.5 million seed funding in a round led by Lemniscap, with participation from Colosseum, Daedalus Angels, EV3 Labs, Echo Fundraiser Chainyoda Jedis, and Levitate Labs. The round also included notable angels such as Nom, Shek, Arnold Lee, Vibhu Norby, Manan Patel, and Mathieu Baudet. The funding will help DeCharge solve the bottleneck in EV charging infrastructure as electric vehicle adoption increases worldwide. By providing a network of intelligent, high-speed charging solutions, DeCharge aims to eliminate range anxiety for EV users.

Company Information

Company

DeCharge

Location

Hyderabad, Telangana, India

About

DeCharge offers comprehensive EV Charging Infrastructure Solutions for the rapidly growing EV ecosystem, covering public and captive charging infrastructure. Our tailored solutions include mobile app, charger hardware, power supply, and power backend infrastructure.

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Funding Insights

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VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers