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Chargepoint Raises $127M As Electric Vehicle Charging Wars Heat Up

by greentechmedia.com posted 12months ago 69 views
ChargePoint has raised $127 million, its latest massive round of equity financing to build out a U.S. and European charging network to meet the needs of a fast-growing global electric vehicle fleet. Wednesday’s round brings ChargePoint’s total funding to $660 million, with a panoply of previous investors including American Electric Power, Braemar Energy Ventures, Canada Pension Plan Investment Board, Chevron Technology Ventures, Clearvision, GIC, Linse Capital and Quantum Energy Partners. It’s the latest equity infusion for a company that’s taken a leading position in key EV charging markets.

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