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Weavegrid Raises $15M Series A To Enable Widescale Adoption Of Evs On The Electric Grid

Weavegrid Raises $15M Series A To Enable Widescale Adoption Of Evs On The Electric Grid

05/20/21, 12:10 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$15 million
Round Type
series a
WeaveGrid, a developer of software solutions for the scalable deployment of electric vehicles (EVs) on the electric grid, today announced $15M in Series A fundraising to enable its next stage of growth. The round was led by Coatue with participation by Breakthrough Energy Ventures and existing investors The Westly Group, Grok Ventures, and several prominent angel investors including Ramez Naam and Josh Felser.

Company Info

Company
Weave Grid
Location
san francisco, california, united states
Additional Info
WeaveGrid, a 2021 Global Cleantech 100 company, offers vehicle-grid integration (VGI) smart charging solutions that enable utilities to both provide valuable services to their electric vehicle (EV) customers and support the resiliency of the broader grid.