29 Jun '17, 12pm

ChargePoint Closes $43 Million with Funding from Siemens

ChargePoint, one of the world’s largest EV charging networks, announced that it secured an additional $43 million in funding. With participation from technology leader Siemens, this new funding will help to further accelerate the company’s commitment to e-mobility across Europe. The latest funding follows an initial $82 million investment and closes the total Series G round at $125 million, led by Daimler. The investment round will contribute to ongoing efforts to develop, with customers and complementary partners, a comprehensive EV charging network and enable ChargePoint’s full range of charging solutions for passenger cars, electric buses and trucks to be deployed across the region. In addition to Daimler and Siemens , other existing investors Linse Capital, Rho Capital Partners, BMW i Ventures and Braemar Energy Ventures also participated in Series G fundraising. This ...

Full article: http://electriccarsreport.com/2017/06/chargepoint-closes-...

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