Tech Company Financing Transactions

Xeal Funding Round

Keyframe Capital Partners, Alpaca VC and ArcTern Ventures joined a $40 million Series B funding round for Xeal. The financing round was announced by the company on 11/3/2022.

Transaction Overview

Company Name

Xeal

Announced On

11/3/2022

Transaction Type

Venture Equity

Amount

$40,000,000

Round

Series B

Investors

Keyframe Capital Partners (Lead Investor)

Alpaca VC

ArcTern Ventures

Bridge Bank

private investors (Ramez Naam)

Moderne Ventures

WIND Ventures

Proceeds Purpose

The company intends to use the funds to develop new products, accelerate the deployment of EV charging stations, scale its network of real estate partners, expand a new reseller program and further establish the company as a multifamily leader nationwide.

Company Information

Company Status

Private & Independent

Industry

Energy & Battery

Mailing Address

340 S Lemon Ave. 1891
Walnut, CA 91789
USA

Phone

(800) 304-1232

Website

www.xealenergy.com

Email Address

Not Recorded

Overview

At the most basic level, we are an EV driver app to make charging as frictionless and reliable as possible, but we wanted to be more than that. Drivers only switch to electric when chargers are readily available, which means buildings are the leading force for change. We re-engineered every variable of the EV charger equation to make chargers a no-brainer investment.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Alexander Isaacson

Browse more venture capital transactions:

Prev: 11/3/2022: Boston Materials venture capital transaction
Next: 11/3/2022: Sunsave venture capital transaction

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