2 years ago
Ev.energy Raises $33 Million to Expand Electric Vehicle Charging App
Ev.energy, a London-based electric vehicle charging app, has secured $33 million in Series B funding
The round was led by National Grid Partners, with participation from Aviva Ventures, WEX Venture Capital, InMotion Ventures, Energy Impact Partners, Future Energy Ventures, and ArcTern Ventures
The company plans to use the investment to expand internationally, particularly in the UK and North America
Ev.energy's optimized charging solutions aim to ensure grid stability as the number of electric vehicles increases.
ProblemTechnology
"Managing the growing demand on the electric grid as electric vehicle adoption increases and ensuring grid stability."
Solution
"An electric vehicle charging app that optimizes charging times to leverage cheaper, greener energy and reduce strain on the grid during peak hours."