Loop Raises $60M To Send Ev Charging Infrastructure For A Loop
10/03/22, 12:04 PM
Location
el segundoMoney raised
$60 million
Electric cars are great and all, but internal combustion engines (ICE) have one thing going for them: comprehensive, well-oiled infrastructure that means you can add 300 miles of range to your car, in 5 minutes, at any of 65,000 or so gas stations. Compare that with the one-hour stop at only about 6,000 high-speed charging stations (1,900 or so of which are Tesla-only chargers), and it quickly becomes obvious why solving EV charging is one of the biggest challenges in the world of EVs. Loop just raised $60 million to solve part of that puzzle, offering turn-key EV charging station networks.
Company Info
Location
el segundo, california, united states
Additional Info
Loop aims to be a leader in EV charging solutions. Our mission is to make EV charging more accessible to multi-tenant property owners and operators as well as electric vehicle drivers by simplifying and streamlining the development and operation of user-friendly public and private EV charging networks.
Our turnkey hardware, software and service solutions make it easy and hassle-free to deploy cost-effective EV charging, saving our customers both time and money.