Honda and existing investors EDF and Siemens all contributed to a $22.7m round that will fund the expansion of Ubitricity's EV charging network.
Germany-based electric vehicle (EV) charging technology developer Ubitricity has raised €20m ($22.7m) in a series C round backed by energy utility EDF, carmaker Honda and industrial technology group Siemens.
Siemens took part in the round through its corporate venturing subsidiary Next47, having previously invested an undisclosed sum in the company in November 2017.
Founded in 2008, Ubitricity runs a network of EV chargers that are installed in street lights and lampposts, reducing the need for dedicated charging spots and enabling users…
