Australia's CEFC investment in Electric Vehicle smart charging infrastructure
JET Charge, Australia’s leading specialist in electric vehicle (EV) charging infrastructure, has had a successful close of its Series A capital raise, which included a $3.5 million investment from the Clean Energy Finance Corporation (CEFC).
The $3.5 million CEFC equity investment, through the Clean Energy Innovation Fund, is part of the company’s latest capital raising round, of $4.5 million, which also drew co-investment from industry executives and private investors.
The fundraise will support JET Charge in the deployment of smart charging hardware under a services-based model, to help drive down the cost of smart and connected EV charging stations and make them more user friendly for drivers.
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