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EV charging company EnviroSpark secures US$50m investment

EnviroSpark announces US$50m in funding, spearheaded by Basalt Infrastructure Partners, to propel clean transportation infrastructure growth
By James Foster May 15, 2024 Read time: 1 min
EnviroSpark has a broad footprint of over 8,200 charging bays across North America. Photo: EnviroSpark
EnviroSpark has a broad footprint of over 8,200 charging bays across North America. Photo: EnviroSpark

This investment will fuel EnviroSpark's mission to revolutionise the EV charging landscape. It will enable the company to rapidly expand its owned and operated network across the US, innovate its cutting-edge technologies and further enhance the accessibility and sustainability of EV infrastructure.

Building upon the momentum of its US$15m funding round led by Ultra Capital in 2022, Georgia-based EnviroSpark has established itself as a key player in the EV charging market. With a broad footprint of over 8,200 charging bays across North America, the company is well-positioned to further advance the adoption of electric mobility.

EnviroSpark continues to solidify its position as a leader in the EV charging industry through strategic partnerships and innovative initiatives. The company has recently cultivated strategic partnerships with industry leaders across various sectors, including RaceTrac, Waffle House, IHG Hotels & Resorts, Ford Dealerships, HHHunt, and Asset Living.

In addition to longstanding partnerships with Tesla, Volkswagen, Volta (recently acquired by Shell), and Starwood Capital Group, the company has also partnered with the US Federal Government through the General Services Administration, which underscores EnviroSpark's dedication to driving widespread commercial and government EV adoption by addressing critical infrastructure needs.