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EV Charging Provider Electrify America Raises $450 Million, Siemens to Become a Minority Shareholder

EV Charging Provider Electrify America Raises $450 Million, Siemens to Become a Minority Shareholder

​Virginia-based electric vehicle charging provider Electrify America announced it has raised $450 million in new equity financing at a post money valuation of $2.45 billion. Industrial manufacturing company Siemens was among the participants in the new funding round, becoming the first-ever outside investor in Electrify America.

Eric Walz2022-08-04 10:15 PT