Swiggy Renames Itself in Preparation for IPO Listing

Swiggy, the popular Indian food delivery platform, has recently announced a major rebranding effort as it gears up for its...

In recent years, cybersecurity has become a critical concern for governments and organizations worldwide. The threat of cyber attacks and...

ZK-Rollups have been gaining significant attention in the blockchain space due to their ability to scale Ethereum and other smart...

Government contracts play a crucial role in driving growth for companies in the field of relative dynamics. Relative dynamics, also...

The Reserve Bank of India (RBI) has been actively promoting the wider adoption of a Unified Payments Interface (UPI)-like credit...

The National Commission for Protection of Child Rights (NCPCR) has recently expressed concerns about Know Your Customer (KYC) lapses in...

Stockholm-based startup Serverpod has recently secured €1.7 million in funding to accelerate its app development process by eliminating barriers. The...

Reddit, the popular online platform known for its vast array of communities and discussions, has recently filed for an Initial...

Loora, a leading provider of generative AI English tutoring, has recently announced securing $12 million in Series A funding. The...

Samphire Neuroscience, a London-based company, has recently announced securing €2.1 million in funding to develop and introduce a groundbreaking wearable...

Sui, a leading technology startup, has recently announced its first annual Basecamp event, which promises to be an exciting gathering...

Embea, a Berlin-based insurtech company, has recently announced securing €4 million in funding to develop a groundbreaking pan-European embedded life...

Tiko, a Madrid-based proptech company, has recently made a significant move to strengthen its position in the Spanish real estate...

The Weekly Report on Notable Startup Funding: February 19, 2024 In the fast-paced world of startups, securing funding is often...

Gilmour Space, a promising startup in the launch vehicle industry, has recently made headlines by securing an impressive $36 million...

In today’s fast-paced world, managing our time efficiently has become more important than ever. With numerous tasks, appointments, and deadlines...

Bilbao’s WIVI Vision, a pioneering company in the field of visual health, has recently secured €4 million in funding to...

A Significant Number of Dissatisfied Apple Enthusiasts Opt to Return their Vision Pro Headset Apple’s highly anticipated Vision Pro headset,...

Simplilearn, a leading online learning platform, has been making waves in the education industry with its innovative approach to skill...

Bengaluru, also known as the Silicon Valley of India, is set to host the groundbreaking GenAI Summit, an event that...

The Threat of Social Media on Purpose and Effective Strategies to Address It In today’s digital age, social media has...

In a week filled with massive megadeals, Lambda has emerged as the frontrunner, securing the top spot in the list...

Last week was a record-breaking week for megadeals in the world of funding rounds, with Lambda taking the lead as...

A Comprehensive Overview of European Startup Funding Rounds Tracked from February 12 to February 16 | EU-Startups In the fast-paced...

In the fast-paced world of startups, securing funding is crucial for growth and success. Each week, numerous European startups announce...

Toast, a prominent restaurant software giant, recently announced a reduction in its workforce by 10%. This decision comes as a...

Ixigo, one of India’s leading travel search engines, has been making waves in the market with its impressive financial performance....

In the fast-paced world of decentralized finance (DeFi), new platforms and protocols are constantly emerging, each vying for a piece...

OpenAI’s Reported Development of a Web Search Engine to Challenge Google’s Dominance: A Comparison with Google In recent years, Google...

Veloce Energy Successfully Concludes Series A Funding Round to Streamline Deployment and Operation of EV Charging Stations with Reduced Time and Cost.

Veloce Energy, a leading provider of electric vehicle (EV) charging solutions, has successfully concluded its Series A funding round. The company raised $12 million in funding from a group of investors led by Energy Impact Partners, a global investment firm focused on the energy transition.

The funding will be used to accelerate the deployment and operation of Veloce Energy’s EV charging stations, with a focus on reducing time and cost. The company’s innovative technology and business model aim to make EV charging more accessible and convenient for drivers, while also helping to reduce carbon emissions and improve air quality.

Veloce Energy’s charging stations are designed to be modular and scalable, allowing them to be easily installed in a variety of locations, including parking lots, shopping centers, and office buildings. The company’s proprietary software platform enables remote monitoring and management of the charging stations, reducing the need for on-site maintenance and support.

With the new funding, Veloce Energy plans to expand its network of charging stations across the United States, with a focus on high-traffic areas and major metropolitan areas. The company also plans to develop new partnerships with businesses and organizations that are committed to sustainability and reducing their carbon footprint.

The demand for EV charging infrastructure is growing rapidly as more drivers switch to electric vehicles. According to a recent report by BloombergNEF, the number of EVs on the road is expected to increase from 10 million in 2020 to 145 million by 2030. This growth presents a significant opportunity for companies like Veloce Energy that are focused on providing reliable and convenient charging solutions.

Veloce Energy’s success in raising $12 million in funding is a testament to the company’s innovative technology and strong business model. With this new investment, the company is well-positioned to continue its growth and expansion in the rapidly evolving EV market.

In conclusion, Veloce Energy’s successful Series A funding round is a significant milestone for the company and the EV industry as a whole. The company’s innovative technology and business model are helping to make EV charging more accessible and convenient for drivers, while also contributing to a more sustainable future. With the new funding, Veloce Energy is poised to continue its growth and expansion, bringing reliable and convenient charging solutions to more drivers across the United States.

Ai Powered Web3 Intelligence Across 32 Languages.