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EV Company ChargePoint Secures $240 Million in Series H Funding

EV Company ChargePoint Secures $240 Million in Series H Funding
Credit: chargepoint.com

Electric vehicle charging network ChargePoint closed $240 million in Series H funding, the largest in its history. Led by Quantum Energy Partners, the investors reflect the energy, financial, venture capital, oil and gas, utility, manufacturing, technology and automotive sectors, including American Electric Power, Canada Pension Plan Investment Board, Chevron Technology Ventures, Clearvision, Daimler Trucks & Buses, and GIC. Existing investors include BMW i Ventures, Braemar Energy Ventures, Linse Capital, and Siemens. Jeffrey Harris, a venture partner at Quantum Energy Partners, will join the ChargePoint board of directors.