EV Charging Firm FreeWire Closes Funding Round From Riverstone

Photographer: Alex Kraus/Bloomberg
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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.