Gage Zero Announces Significant Investment To Electrify Fleets From Arc Financial
Round Type
Venture
AustinTransportationFleet ManagementDescription
Gage Zero LLC ("Gage Zero"), a privately held company enabling the turnkey electrification of commercial transportation vehicles, today announced an investment led by ARC Financial Corp. ("ARC"), a North American energy-focused private equity manager. Along with financial partners, the companies plan to deploy upwards of $300 million in equity to develop electric vehicle (EV) charging infrastructure solutions for fleet customers.The Gage Zero team, led by founder and Chief Executive Officer Zeina El-Azzi, has experience building a combined USD $10 billion of utility-scale renewable energy and energy storage projects across the United States and around the globe. With its proven capabilities, the company is focused on deploying complex energy infrastructure economically and at scale."We are excited to be partnering with ARC Financial to provide affordable and scalable solutions for the electrification of fleets across the country," said El-Azzi
Quick answer
Gage Zero raised an undisclosed amount in a funding round, dated May 3, 2023. Gage Zero is based in Austin, Texas, United States.
- How much did Gage Zero raise?
- Gage Zero raised an undisclosed amount in a funding round on May 3, 2023.
- What does Gage Zero do?
- Gage Zero is a fleet electrification solutions company based in Austin, Texas focused on reducing fleet operational costs along with harmful emissions from transportation.
- Where is Gage Zero based and how big is it?
- Gage Zero is based in Austin, Texas, United States.
- Who are the decision-makers at Gage Zero?
- Fundz holds 1 contact at Gage Zero. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Fleet Management around the same time
Companies in the same sectors as Gage Zero that raised within 45 days of this round, from Fundz verified event records.
- Everest Fleet raised $20M (Funding Round) on June 14, 2023.
- FERNRIDE raised $31M (Funding Round) on June 13, 2023.
- Zyngo raised $5M (Funding Round) on May 9, 2023.
- Fastned raised $24M (Funding Round) on June 16, 2023.
- Uber Technologies raised $2M (Seed) on June 14, 2023.
- Trucksters raised an undisclosed amount (Funding Round) on June 12, 2023.
Who to call at Gage Zero, and when
A new round usually means Gage Zero is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Gage Zero raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Gage Zero, from your own LinkedIn network
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Related People
Gage Zero raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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