Tech Company Financing Transactions

Xeal Funding Round

Keyframe Capital Partners, Alpaca VC and ArcTern Ventures joined a $40 million Series B funding round for Xeal. The financing round was announced by the company on 11/3/2022.

Transaction Overview

Company Name
Announced On
11/3/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to develop new products, accelerate the deployment of EV charging stations, scale its network of real estate partners, expand a new reseller program and further establish the company as a multifamily leader nationwide.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
340 S Lemon Ave. 1891
Walnut, CA 91789
USA
Email Address
Not Recorded
Overview
At the most basic level, we are an EV driver app to make charging as frictionless and reliable as possible, but we wanted to be more than that. Drivers only switch to electric when chargers are readily available, which means buildings are the leading force for change. We re-engineered every variable of the EV charger equation to make chargers a no-brainer investment.
Profile
Xeal LinkedIn Company Profile
Social Media
Xeal Company Twitter Account
Company News
Xeal News
Facebook
Xeal on Facebook
YouTube
Xeal on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alexander Isaacson
  Alexander Isaacson LinkedIn Profile  Alexander Isaacson Twitter Account  Alexander Isaacson News  Alexander Isaacson on Facebook


 

 

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Prev: 11/3/2022: Boston Materials venture capital transaction
Next: 11/3/2022: Sunsave venture capital transaction

 

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We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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