Weavegrid Raises $15M Series A To Enable Widescale Adoption Of Evs On The Electric Grid
Amount Raised
$15 Million
Round Type
Series A
Description
WeaveGrid, a developer of software solutions for the scalable deployment of electric vehicles (EVs) on the electric grid, today announced $15M in Series A fundraising to enable its next stage of growth. The round was led by Coatue with participation by Breakthrough Energy Ventures and existing investors The Westly Group, Grok Ventures, and several prominent angel investors including Ramez Naam and Josh Felser.
Quick answer
WeaveGrid raised $15 Million in a Series A round, dated May 20, 2021. WeaveGrid is based in San Francisco, California, United States.
- How much did WeaveGrid raise?
- WeaveGrid raised $15 Million in a Series A round on May 20, 2021.
- What does WeaveGrid do?
- WeaveGrid works with utilities, automakers, EVSEs, and EV owners to enable and accelerate the electrification of transportation.
- Where is WeaveGrid based and how big is it?
- WeaveGrid is based in San Francisco, California, United States. Fundz records about 87 employees.
- Who are the decision-makers at WeaveGrid?
- Fundz holds 1 contact at WeaveGrid. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Software around the same time
Companies in the same sectors as WeaveGrid that raised within 45 days of this round, from Fundz verified event records.
- Crusoe raised $128M on April 26, 2021.
- OnePlan raised $3.6M (Seed) on July 1, 2021.
- Ghost raised $100M (Funding Round) on July 1, 2021.
- Nodes & Links raised $10M (Funding Round) on July 1, 2021.
- Figma raised $190M on July 1, 2021.
- VirtualZ Computing Corp raised $734K (Seed) on July 1, 2021.
Who to call at WeaveGrid, and when
A new round usually means WeaveGrid is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day WeaveGrid raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at WeaveGrid, from your own LinkedIn network
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Fundz sees it the moment WeaveGrid raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansWeaveGrid raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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