ev.energy Extends Series A to $12.8M

ev energy

ev.energy, a Palo Alto, CA and London, UK-based company provider of electric vehicle (EV) charging software, extended its Series A funding to $12.8M.

The round extention was led by ArcTern Ventures with participation from Energy Impact Partners, and Future Energy Ventures, and other existing investors.

The company intends to use the funds to scale its platform to additional partners, as well as to build capabilities and products that intelligently manage EV charging.

Led by CEO Nick Woolley, ev.energy is a Certified B Corporation® with a mission to make EV charging greener, cheaper, and smarter for utilities and their customers. Its end-to-end software platform wirelessly connects to a range of electric vehicles and L2 chargers and intelligently manages EV charging in line with utility and network signals while keeping customers engaged and rewarded through a mobile app. With a global base of utility customers including National Grid, Southern Company, E.ON Energy, UK Power Networks and AusNet, ev.energy manages hundreds of megawatts of EV load on its platform each day.

FinSMEs

27/02/2022