Electric Charging-Station Company Raises $3.75 Million

Jan 30 2009 | 10:55am ET

California-based Coulomb Technologies Inc, a producer of electric vehicle charging stations, has raised $3.75 million in a first round of funding.

The round was led by Germany’s Estag Capital AG.

Coulomb is behind the ChargePoint Network, a networked vehicle charging infrastructure for plug-in vehicles. The company has teamed with the city of San Jose to build a curbside network of charging stations for electric cars.

The company intends to use the funds raised for smart networked charging stations, engineering, and marketing and business development.

“Estag has a proven track record of investing in breakthrough clean energy technology,” said Richard Lowenthal, Coulomb Technologies CEO, in a statement. “We consider them not only an important investor but also our partner in delivering networked charging infrastructure worldwide. This investment will allow Coulomb to continue to deliver electric fueling products that this industry needs to charge ahead.”


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR