Electric vehicle (EV) charging startup CHARGE+ZONE raised $10 million in bridge led by Venture Catalysts. The funds will be used to expand the company's already existing EV charging network.
Charge+ is a leading integrated EV charging solution provider for Singapore and Southeast Asia, with the goal of catalysing the spread of electric mobility in the region. The company has already begun distribution of the AC-Type2 EV charging network, as well as intercity Fast DC charging networks, for the 1,500 new points over the next 150 days. With its app-driven unmanned charging stations and charging station management system, CHARGE+ZONE provides an Original Equipment Manufacturer (OEM) agnostic charging network. Fast DC Charging Network for electric buses, electric cars, and electric two and three wheelers, battery swapping networks, and SaaS drive the startup's revenue.