Foley Hoag Represents SparkCharge in $23M Series A Funding
June 21, 2022
Foley Hoag LLP represented SparkCharge, the world's first mobile EV charging network, in a $23 million Series A funding co-led by Tale Venture Partners and Pendulum. SparkCharge has also received additional investments from a diverse group, including Revolution's Rise of the Rest Seed Fund, the Mark Cuban Companies, and Silicon Valley Bank. The funds will be used to scale Currently, the world's first mobile and intelligent EV charging network in the U.S.
"We are honored that our new and existing investors believe in and want to be part of our journey to continue revolutionizing the mobile charging industry," said Josh Aviv, CEO and Founder of SparkCharge. "With the growth of the EV industry and the major gaps in charging access, we will be better able to scale our EV network regardless of the infrastructures in place. The investments will also allow our team to serve markets where no one else can meet the needs of EV owners and fleets across the country, in major cities and suburbs."
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