SparkCharge has raised $23 million in a Series A round of funding led by Constitution Capital Partners to bring its on-demand electric vehicle (EV) charging service to more markets. The company plans to use the new funds to grow its team, expand its operations and continue to develop its technology.
Founded in 2012, SparkCharge offers a network of portable EV chargers that can be deployed on demand to charge EVs anywhere, anytime. The company provides its chargers and charging services to businesses, municipalities andEV owners.
With the new funding, SparkCharge plans to expand its services to new markets and continue to grow its team. The company currently has 30 employees and is headquartered in Albany, New York.
"This round of funding will allow us to further our mission of making EVs more accessible to everyone," said co-founder and CEO Josh Aviv in a statement. "We are thrilled to have the support of Constitution Capital Partners as we continue to grow and scale our business."
Constitution Capital Partners is a venture capital firm that invests in early-stage companies. The firm has also invested in other companies in the EV space, including ChargePoint, electric car-sharing service Zipcar and electric bus manufacturer Proterra.
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