Volta Industries, a San Francisco, CA-based provider of electric car-charging services, raised $4.5m in Series A funding.
The round was led by Three Bridges Ventures with participation from Riverwood Capital, 500 Startups and Epic Ventures.
In addition, SQN Capital provided a $3m project financing facility.
The company intends to use the funds to expand its network of more than 100 outdoor stations into more communities.
Founded in 2010 by Scott Mercer, CEO, and Michael Menendez, CTO, Volta Industries operates a network of more than 100 stations across five cities for free electric car charging service underwritten by socially responsible brands.
To date, the company has deployed initial charging infrastructure in retail locations in five major cities, including the San Francisco Bay Area, the Los Angeles metropolitan area, San Diego, Phoenix, and Honolulu.
FinSMEs
10/06/2015