Smart electricity panel developer Span has secured $10.2m in funding six months after it received financing from Wells Fargo Strategic Capital.
Span.IO, a US-based smart electricity panel producer backed by financial services firm Wells Fargo, raised $10.2m yesterday in a series A round led by venture capital firm ArcTern Ventures.
The round included Capricorn Investment Group, Incite Ventures and undisclosed existing backers, and it follows an undisclosed amount of funding from Wells Fargo’s Strategic Capital unit in November 2019 through its participation in the bank’s Innovation Incubator.
Founded in 2018, Span has created a smart panel that can be installed in…
