This Ad-Supported Electric Vehicle Charging Network Wants to Double Its Stations With New Fundraising Round

Volta Charging has raised $35 million

Volta Charging, a San Francisco company that pairs electric charging stations with out-of-home media, has raised $35 million in Series C funding to expand its network of charging stations across the country.

The company, which uses an ad-supported business model to provide electric vehicle charging for free, is hoping to harness the growing market of electric vehicles in the U.S. The company, which announced the latest round of fundraising today, already has 1,000 stations in high-traffic areas and hopes to expand to 2,000 by the end of the year.

As part of its plan to open more stations and expand into new markets, Volta said it expects to be in the top 10 media markets in the U.S.

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