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ev charging infrastructure
Private Equity
Synopsis
Lightspeed, a private equity firm, led a $13m Series A round in Exponent Energy, an EV charging infrastructure services provider, with participation from YourNest VC, 3one4 Capital & AdvantEdge VC. “Our technology already delivers a seamless charging experience, and with our vehicle partnership in place, we’ll scale-up our production and network presence to 100 e-pump location points per city to deliver freedom and flexibility to our customers. This funding allows us to execute even faster and make 15-min rapid charging the new normal," Arun Vinayak, Exponent Energy Co-Founder and CEO.
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