VC Fund Investments
EV charging aggregator ElectricPe raises $5-M from Green Frontier Capital, Blume, others
ElectricPe, a Bengaluru-based electric vehicle (EV) charging aggregation platform, has raised a pre-Series A round of USD 5 million from Green Frontier Capital, Blume Ventures, and Micelio Fund. The round also saw participation from Dubai-based NB Ventures, Anchorage Capital Partners, Supermorpheus, and Climate Angels. ElectricPe will use the new capital to deepen technology investments and scale operations. Co-founded by Avinash Sharma and Raghav Rohila in May 2021, ElectricPe has built a network with 10,000 charging points in Bengaluru.
From the Venture Intelligence PE-VC Deal Database: In Dec-21, ElectricPe had raised over USD 2.5 M from Micelio Fund, LogX Ventures, Blume Ventures, Others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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