Angel Investments
EV charging startup CHARGE+ZONE raises $10-M from Venture Catalysts, others
Vadodara-based CHARGE+ZONE, an EV charging startup, has raised a USD 10 million bridge round from integrated incubator and accelerator Venture Catalysts and others. It will use the funds to amp up its existing charging network of over 1,000 points across 19 cities, largely for electric buses and cars. The startup will further raise Series A funding worth USD 50 million in 2022. Its revenue stream is led by Fast DC charging network for electric buses, electric cars and electric two and three wheelers, battery swapping networks for electric two and three wheelers, and SaaS.
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