Coulomb Technologies Raises $47.5 Million in Financing
Coulomb Technolgies is the Silicon Valley based start-up that has become the market leader in public EV charging stations.
The stations operate as part of a nationwide ChargePoint network. Through the network, stations can be monitored from a central command center.
Subscribers get a card that allows them access to any Coulomb station they need to use. Station can also be used pay per use by non subscribers.
Today the company announced they have secured $47.5 million in Series D financing.
The financing will be used to help the company expand production and rollout of the ChargePoint network.
“Our new investors bring a wealth of industry acumen and expertise in driving commercial scale around innovative technologies,” said Pat Romano, president and chief executive officer of Coulomb Technologies. “With this financing, we are well positioned to accelerate the deployment of our EV charging solutions and further solidify our position as the market leader. These funds enable us to provide cloud-based solutions to cities, retailers, employers, parking operators and property managers that will drive the adoption of clean transportation.”
Source (Coloumb Technologies)
Disclosure: this author is a member of the Coulomb Technology technical advisory board