Climate and Clean Tech | May 25, 2022

SparkCharge secures $23 million for on-demand EV charging

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, May 25 — Somerville, Mass.-based SparkCharge has raised $23 million to expand its network of rapid electric vehicle charging stations. The company’s mobile app allows customers to order charging and get it delivered to their locations.

SparkCharge is looking to expand its network to 20 U.S. cities and suburbs to deliver millions of miles of charge to EVs this year.

“With the growth of the EV industry and the major gaps in charging access, we will be better able to scale our EV network regardless of the infrastructures in place,” said SparkCharge’s Josh Aviv. “The investments will allow our team to serve markets where no one else can to meet the needs of EV owners and fleets across the country.”

Black green

Tale Venture Partners and Pendulum, investors in underrepresented founders and founders of color, led the Series A round. Revolution’s Rise of the Rest Seed Fund, the Mark Cuban Companies and Silicon Valley Bank invested alongside celebrities such as rapper Pusha-T.