Hardware

EV charging provider Electric Era raises $11.5M

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August 22, 2023

Electric Era, a Seattle-based provider of EV fast-charging infrastructure, has closed on $11.5 million in Series A financing, according to a press release.

HSBC Asset Management led the Series A financing with participation from SQM Lithium Ventures, Blackhorn Ventures and Proeza Ventures.

The funding will accelerate PowerNode charging station production and deployments to meet growing demand for EV charging stations at convenience stores and quick service retailers.

The PowerNode charging stations deliver a 100-mile charge for a typical EV in less than 10 minutes for more than 100 vehicles per day per charging station.