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Sunday 24 January 2021
Volta Charging raises $125 million in Series D financing
San Francisco-based charging network operator Volta Charging has raised $125 million in a Series D financing round. The new funding brings the company’s total equity financing to over $200 million. Volta will use the new capital to increase its investment in product, engineering and network infrastructure, and to begin its international expansion.
Volta’s charging stations are located in over 200 municipalities in 23 states. Most are located in front of businesses such as grocery stores, pharmacies, banks and hospitals.
The rapidly-developing charging industry is exploring various different business models. Volta embraces the concept of using public charging stations as a new marketing medium.
Read the whole news on chargedevs.com