Tech Company Financing Transactions
SWTCH Energy Funding Round
SWTCH Energy, operating out of Toronto ON, secured $27.2 million in investment from Blue Earth Capital, Active Impact Investments and Alantra.
Transaction Overview
Company Name
Announced On
4/18/2024
Transaction Type
Venture Equity
Amount
$27,200,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate charging in multi-tenant buildings, following a tenfold increase in its charging network since its Series A, and advance its innovative EV charging and integrated energy management solutions for real estate customers.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
64 Fraser Ave.
Toronto ON, M6K 1Y6
Canada
Toronto ON, M6K 1Y6
Canada
Phone
Website
Email Address
Overview
SWTCH provides turnkey solutions for electric vehicle (EV) charging and energy management, designed specifically for multi-tenant buildings. Our smart EV charging platform streamlines the charging experience for drivers while optimizing usage and revenue for building owners.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 4/18/2024: inGain venture capital transaction
Next: 4/18/2024: Clazar venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs