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EV charging startup EnviroSpark secures Series A funding

by Babu Patil
EV charging startup EnviroSpark secures Series A funding

EnviroSpark, an electric vehicle (EV) charging startup, raised an undisclosed amount of Series A funding. Investment firm Ultra Capital led the financing round. 

EnviroSpark plans to use the new funding to expand its EV infrastructure and geographic footprint. 

EnviroSpark is a provider of EV charger solutions, partnering with property owners, utilities, and governments to bring EV infrastructure to where people live and work. Its platform streamlines the installation of EV chargers at scale, making it easier for governments, multi-family property owners, and other businesses to join the EV revolution. The startup claims to have installed more than 5,000 chargers across the United States and Canada.

As part of the deal, Ultra Capital has joined EnviroSpark’s Board of Directors along with Paul Bowers, former Chairman, President, and Chief Executive Officer of Georgia Power, who also invested in the funding round.

“EnviroSpark is increasing charging accessibility and will continue its growth in the multi-family and commercial property space, further positioning itself as a strategic leader in the industry. With the addition of these funds, we are expanding our product offerings and increasing headcount nearly four times over, bringing the brightest minds to this booming industry,” CEO and Founder Aaron Luque said. “We are ecstatic to have the financial support and expertise from Ultra Capital to move EnviroSpark forward.” 

Boreas Capital Partners served as financial advisor to EnviroSpark on the transaction. ...

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