Chargepoint re-energises with $22.6m

May 15, 2014 • Robert Lavine

The electric vehicle charging company has now raised over $110m and its strategic investors include Siemens and BMW.

Chargepoint, the US-based operator of a network of electric vehicle (EV) charging stations, has secured $22.6m in new funding from its existing investors.

Those existing backers included Siemens Venture Capital, industrial manufacturer Siemens’ corporate venturing unit, and automotive company BMW, along with Rho Ventures, Kleiner Perkins Caufield & Byers, Braemar Energy Ventures, and Voyager Capital.

“This additional round of funding demonstrates confidence in ChargePoint’s business model and our advanced technology, as well as the EV industry as a whole,” said…

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