202224 May

SparkCharge Inks $23M Series A Round

Summary

SOMERVILLE, MA, SparkCharge announced today that it has raised a $23 million Series A investment round. SparkCharge, the worlds first mobile EV charging network, announced today it is continuing its journey to scale the first mobile and intelligent EV charging network in the U.S. with a Series A funding investment of $23 million co-led by Tale Venture Partners and Pendulum. SparkCharge has also received additional investments from a diverse group, Revolutions Rise of the Rest Seed Fund, the Mark Cuban Companies, and Silicon Valley Bank. Pusha-T and Summer Watson make up some of the high-profile celebrities joining the round, signaling a shift to meet consumer demand for more accessible EV charging solutions. This network is now a reality due to three key factors: hardware, software, and brilliant customers.

Source: Vcnewsdaily

Funding

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Amount
Jun 26 2022
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Companies