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ElectroTempo Raises $4M in Seed Funding

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: ElectroTempo, Buoyant Ventures, Schematic Ventures

ElectroTempo, a pioneer in planning and intelligence software for electric charging networks, announced today that it raised $4 million in seed funding. The round was led by Buoyant Ventures, a women-owned, Chicago-based venture capital firm focusing on technology start-ups looking to combat climate change. The company’s lead pre-seed investor, Schematic Ventures, returned to participate in the round, and a venture fund associated with a key customer, Zebox Ventures, also joined the coalition. ZEBOX is a network of accelerators initiated by the Chairman of CMA CGM, Rodolphe Saadé. The customer, CEVA Logistics, is a subsidiary of CMA CGM Group (the Group). The funds will be used to expand the geographic coverage of ElectroTempo’s solutions across the U.S., and round out product features to serve industrial site hosts in deploying and operating infrastructure to accelerate truck electrification.

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