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King River Capital led a $15m Series A round in ChargeLab.

Synopsis

King River Capital, an investment company, led a $15m Series A round in ChargeLab, a charger management platform, with participation from ABB, Construct Capital, Root Ventures, Highline Beta, Third Sphere, and Maple VC. “My partners and I have seen the power of software-first energy management solutions at scale before. EV charging today is a messy and inefficient experience for consumers and enterprises alike. As mass adoption of EVs continues to accelerate, we all deserve better. King River believes that ChargeLab is positioned to become the dominant back-end software provider for the EV charging industry and deliver a reliable, high-quality experience for the entirety of the ecosystem. That’s why we were thrilled to lead this round,” Megan Guy, King River Capital Co-Founder & Partner.

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