Tech Company Financing Transactions
Indra Funding Round
Indra, based in Malvern, secured $24.1 million in investment from Gulf Oil.
Transaction Overview
Company Name
Announced On
3/9/2023
Transaction Type
Venture Equity
Amount
$24,068,000
Round
Series B
Investors
Gulf Oil (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand the development of its technology in the bidirectional electric vehicle (EV) charging space, grow its customer base, increase revenue stream in UK and international markets and accelerate the development of its home EV charging hardware and technology platform.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Enigma Business Park, Sparrowhawk Close
Malvern, WR14 1G
UK
Malvern, WR14 1G
UK
Phone
Website
Email Address
Overview
Indra was founded in 2013 on a mission to create the smartest way to power Electric Vehicles. With our design, R&D, engineering and manufacturing operations based in Malvern, we're one of the UK's leading EV and smart energy technology businesses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adrian Moores
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