WeaveGrid Raises $15M in Series A Funding
- WeaveGrid, a San Francisco, CA-baserd developer of software solutions for the scalable deployment of electric vehicles (EVs) on the electric grid, raised $15M in Series A funding
- The round was led by Coatue with participation from Breakthrough Energy Ventures and existing investors
- In conjunction with the funding, Coatue’s Jaimin Rangwalla, joined companies Board of Directors
- The company intends to use the funds to continue to expand operations and its business reach
- The company offers vehicle-grid integration smart charging solutions that enable utilities to both provide valuable services to their electric vehicle customers and support the resiliency of the broader grid
- The company is a 2021 Global Cleantech 100 company
