Summary
Insights
This section hypothesizes why Electra can be a $10 billion dollar company in 10 years, in 10 lines or less.
Electra has significant potential by addressing key pain points in the electric vehicle (EV) market, particularly in Paris. Its focus on fast-charging solutions can alleviate concerns associated with slower home chargers and limited rapid charging stations. By reducing charging times, Electra directly combats range anxiety, a major barrier to broader EV adoption. The company aims to establish an efficient charging network, positioning itself as a crucial player in the EV infrastructure landscape. Supported by investors like Rive Private Investment and PGGM, Electra is well-placed for rapid expansion and technological advancements, enhancing its competitive edge.
Total funding Amount
Fundraising History
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Jan 15 '24 Series B$330M
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Jun 01 '22 Unknown$170M
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Jun 01 '21 Seed$18M
Investors
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Series B
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Series B
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Series B
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Seed
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Seed