January 26, 2021

EV Charging Firm FreeWire Closes Funding Round From Riverstone

FreeWire Technologies Inc., an electric vehicle charging and power startup, has raised $50 million in a series C funding round.

The round was led by energy-focused private equity firm Riverstone Holdings, said FreeWire Chief Executive Officer Arcady Sosinov in an interview Monday. Existing shareholders including the venture arm of BP Plc, Energy Innovation Capital, Trirec and Alumni Ventures Group also participated in the round, Sosinov said.

FreeWire has raised $100 million in total funding to date, including the new round, according to Sosinov. The company’s valuation in the new round couldn’t immediately be learned.


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