Coulomb Technologies Secures $3,750,000 Series A Financing Round

  • Feed Type
  • Date
    1/26/2009
  • Company Name
    Coulomb Technologies
  • Mailing Address
    1692 Dell Ave Campbell, CA 95008-6901
  • Company Description
    Coulomb delivers networked charging stations and provides a service that meets the needs of drivers, municipalities, electric utilities and government entities by providing:

    * A secure, safe, reliable way for consumers to charge their electric
    vehicles anywhere they park
    * A sustainable business model for the rapid deployment of a plug-in
    vehicle charging infrastructure
    * An infrastructure that enables rapid growth of the market for plug-in
    electric vehicles of all types
    * Monitoring and control services to allow utilities to optimize grid use
    * The lowest cost system operation and maintenance when compared to
    other options
    * The ability to transition from gasoline tax revenues to tax models appropriate to electric vehicles

  • Website
    http://www.coulombtech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,750,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The funding will enable Coulomb to continue their aggressive rollout of their smart networked charging stations as a part of the ChargePoint Network. Additionally, the funding will further enhance engineering, marketing and business development as major automobile manufacturers are set to deliver electric vehicles in the coming months.
  • M&A Terms
  • Venture Investor
    Estag Capital AG
  • Venture Investor
    Undisclosed

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