Coulomb Technologies, a Campbell, CA-based developer of electric vehicle (EV) charging station infrastructures, has secured $15m in Series C funding.The company will use the funds to help accelerate product development of its charging stations, which are used by EV drivers worldwide looking to fuel their electric vehicles, enhance customer support and drive sales.
New investors Harbor Pacific Capital, LS Cable Ltd., and LS Industrial Systems Co., Ltd., joined existing backers Rho Ventures, Voyager Capital, Siemens Venture Capital GmbH, and Hartford Ventures, a strategic investment division of The Hartford Financial Services Group, Inc. (NYSE: HIG).
Coulomb’s charging stations are now installed in countries worldwide and cities including New York City, Orlando, Detroit, Amsterdam, Sydney and Dublin, now have them installed for consumer and fleet use.
The company’s ChargePoint America program, a strategic partnership between Coulomb and Ford, Chevrolet and Smart USA, will provide 4,600 charging stations to program participants in nine regions in the United States: Austin, Texas, Detroit, Los Angeles, New York, Orlando, Fla., Sacramento, Calif., the San Jose/San Francisco Bay Area, Bellevue/Redmond, Wash., and Washington DC.
FinSMEs
08/09/2010