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…

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