SparkCharge, a Somerville, Mass.-based mobile EV charging network, raised $23m in Series A funding.
The round was co-led by Tale Venture Partners and Pendulum with participation from Revolution’s Rise of the Rest Seed Fund, the Mark Cuban Companies, and Silicon Valley Bank, as well as Pusha-T and Summer Watson.
SparkCharge has seen record-breaking growth over the past few months with Currently quickly surpassing over 100,000 miles of range delivered to EV owners. The Currently app is now on track to deliver millions of miles of charge to electric vehicles this year, which will prevent over 85 tons of CO2 pollution from being created. More solutions will be deployed throughout the year on the Currently App, all focused on making EV adoption more seamless.
The company intends to use the funds to expand to over 20 additional markets and enable the organization to develop new mobile charging products.
Led by Josh Aviv, CEO and Founder, SparkCharge has created a mobile electric vehicle charging network. The Roadie Charging System is a portable, modular charging solution that makes DC fast charging possible anywhere regardless of infrastructure. The app and EV power delivery service Currently, allows EV drivers to have their EV charged wherever and whenever they want.
Since the start of 2022, SparkCharge has secured several partnerships and programs with global brands leveraging its mobile charging technology, including Kia Motors, Hertz, Uber, and others. Currently app has also been launched in four cities with plans to roll out in additional markets.
FinSMEs
24/05/2022