SparkCharge raises $30.5M in Series A-1 funding led by Monte’s Fam to expand its off-grid EV charging network across the U.S., Mexico, and Canada.
SparkCharge raises $30.5M in Series A-1 funding led by Monte’s Fam to expand its off-grid EV charging network across the U.S., Mexico, and Canada.
05/21/25, 2:42 PM
Location
somervilleMoney raised
$30.5 million
Industry
information technology
Round Type
series a
Investors
Marcy Pen, Elemental Impact, Non Sibi Ventures, Cleveland Avenue, Collab Capital, Horizon Technology Finance Corporation, Monte’s Fam
SparkCharge, a Somerville, MA-based provider of an off-grid electric vehicle fleet charging network, raised $30.5M in Series A-1 funding. The round consisted of a $15.5M led by Monte’s Fam and a $15M venture loan facility from Horizon Technology Finance Corporation. Other investors included Collab Capital, Cleveland Avenue, Non-sibi Ventures, Elemental Impact, and MarcyPen. The company aims to use the funds to accelerate EV adoption by expanding its services throughout North America.
Company Info
Location
455 grand union blvd
somerville, pennsylvania, united states
Additional Info
SparkCharge is a pioneering company powering your business with mobile EV charging solutions. Our EV charging solutions help businesses electrify by providing quick, convenient, and scalable access to infrastructure. We are the first company to create a mobile EV charging system and network, single-handedly establishing Mobile-Charging-as-a-Service (M-CaaS).