Linse Capital leads funding round for electric vehicle charging network ChargePoint
Campbell, California-based ChargePoint, which provides a network of electric vehicle charging stations, announced it has raised $50 million in a funding round led by Linse Capital. Also participating in the round are Braemar Energy Ventures and Constellation Energy. The company has now raised more than $164 million in total funding from investors, including Rho Ventures, Kleiner Perkins Caufield & Byers, BMW iVentures and Siemens. Linse Capital is led by Michael Linse, formerly a partner with Kleiner Perkins. ChargePoint said that other investors who participated in the round, as a result of their investments with Linse Capital, include Statoil Energy Ventures, Envision Ventures, Jan Klatten, Michael Liebreich and Rick Wagoner. ChargePoint also named board member Bruce Chizen, former CEO of Adobe and a venture partner with Voyager Capital, to chairman.
