US-based electric vehicle charging company raises the funds with backing from corporate venturing units of Siemens, Hartford and Toyota.
The corporate venturing units of Germany-based industrial conglomerate Siemens and of US-based insurance company Hartford Financial Services Group as well as a member of Japan-based automaker Toyota Group, have helped Coulomb Technologies, an electric vehicle charging company, raise $47.5m on Monday.
Siemens Venture Capital, Hartford Ventures and Toyota Tsusho Corporation were joined in the series D round by venture firms Braemar Energy Ventures, Kleiner Perkins Caufield & Byers, Rho Ventures, Voyager Capital and Harbor Pacific Capital Partners.
The financing…
