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FreeWire Technologies Secures $50 Million in Series C Funding Round to Scale Ultrafast EV Charging Infrastructure

Jan 26, 2021•over 4 years ago

Amount Raised

$50 Million

Round Type

series c

San Leandro

Description

FreeWire Technologies, a leader in electric vehicle (EV) charging and power solutions, has announced a $50 million Series C funding round today, led by Riverstone Holdings (Riverstone), with participation from current shareholders bp ventures, Energy Innovation Capital, TRIREC, and Alumni Ventures Group. The investment by Riverstone, a top energy private equity firm, marks the first private equity investment in FreeWire and highlights the importance of battery-integrated charging technology to meet the rapidly growing demand for EV charging solutions.

Company Information

Company

Free Wire Technologies, Inc.

Location

San Leandro, California, United States

About

FreeWire's turnkey power solutions deliver energy whenever and wherever it's needed for reliable electrification beyond the grid. With scalable clean power that moves to meet demand, FreeWire customers can tackle new applications and deploy new business models without the complexity of upgrading traditional energy infrastructure. Learn more at www.freewiretech.com

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