L-Charge Secures $8 Million in Series A Funding, Led by Ultra Capital LLC

September 11, 2024

We are excited to announce that L-Charge has successfully raised $8 million in Series A funding, led by Ultra Capital LLC. This funding marks a significant milestone in our journey to revolutionize the electric vehicle (EV) charging industry.

With this new capital, L-Charge will rapidly scale the deployment of our innovative “Charge-as-a-Service” network. Our technology enables ultra-fast, off-grid EV charging stations that don’t rely on traditional utility infrastructure, providing unmatched flexibility and independence. These stations are designed to be mobile and adaptable, capable of being set up virtually anywhere without the need for costly and time-consuming grid connections.

As a fully independent, CAPEX-zero provider, L-Charge offers a unique solution to meet the growing demand for fast, reliable EV charging. Our off-grid charging stations help accelerate the shift to electric mobility by bringing accessible charging options to underserved areas, supporting urban centers, rural communities, and highway networks alike.

This funding will allow us to expand our network across multiple regions, helping to reduce reliance on fossil fuels and significantly lowering carbon emissions. As we continue our work towards a sustainable, all-electric future, we are committed to making clean energy solutions more accessible and practical for EV drivers everywhere.

Stay tuned for more exciting updates as we move forward in transforming the EV charging landscape!

Power your EV fleet today

Power your EV fleet today