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Announced

Completed

A consortium of investors led a funding round in Electric Era.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

United States

Private

Friendly

Private Equity

Auto Services

Domestic

battery electric vehicles

energy storage

Venture Capital

Single Bidder

Completed

Minority

Synopsis

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A consortium of investors, including Proeza Ventures, Blackhorn Ventures, Liquid 2 Ventures, and Remus Capital led a funding round in Electric Era, a developer of AI-driven storage solutions for EV fast charging. Financial terms were not disclosed. “Many of the 116,000 convenience stores across the country are planning to install EV fast charging capabilities in the coming decade using battery-supported EV fast charging technologies like the PowerNode Platform," Joe Montana, Liquid 2 Ventures Founder and General Partner.

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