Weavegrid Announces $35 Million Series B Investment To Enable The Electric Transportation Transition
Amount Raised
$35 Million
Round Type
Series B
San FranciscoSoftwareAutomotiveInvestors
Description
WeaveGrid, a software company that builds data products to enable rapid electric vehicle (EV) adoption, announced today that it has raised $35 million in Series B funding. Salesforce Ventures led the round, with participation from new investors Activate Capital, Collaborative Fund, Emerson Collective, and MCJ Collective and existing investors Breakthrough Energy Ventures, Coatue, Grok Ventures, and The Westly Group. With a continued focus on climate investments, the Salesforce Ventures Impact Fund took its first lead role in the WeaveGrid investment. The Series B comes just eighteen months after WeaveGrid announced its $15 million Series A.
Quick answer
WeaveGrid raised $35 Million in a Series B round, dated November 15, 2022. Investors: Activate Capital, The Salesforce Ventures Impact Fund, Coatue, Grok Ventures, Breakthrough Energy Ventures, Activate Capital, Collaborative Fund and Salesforce Ventures. WeaveGrid is based in San Francisco, California, United States.
- How much did WeaveGrid raise?
- WeaveGrid raised $35 Million in a Series B round on November 15, 2022.
- Who invested in WeaveGrid?
- Activate Capital, The Salesforce Ventures Impact Fund, Coatue, Grok Ventures, Breakthrough Energy Ventures, Activate Capital, Collaborative Fund and Salesforce Ventures are named as investors in this round.
- What does WeaveGrid do?
- WeaveGrid works with utilities, automakers, EVSEs, and EV owners to enable and accelerate the electrification of transportation.
- Where is WeaveGrid based and how big is it?
- WeaveGrid is based in San Francisco, California, United States. Fundz records about 87 employees.
- Who are the decision-makers at WeaveGrid?
- Fundz holds 1 contact at WeaveGrid. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Software around the same time
Companies in the same sectors as WeaveGrid that raised within 45 days of this round, from Fundz verified event records.
- AutoLeadStar raised $40M (Funding Round) on November 7, 2022.
- Sortium raised $7.8M on December 30, 2022.
- Aetos Imaging raised $1.2M (Seed) on December 30, 2022.
- RIIICO raised $1.1M (Seed) on December 30, 2022.
- TheLawyerGuide.com raised $505K (Seed) on December 30, 2022.
- Hypori raised $10M on December 29, 2022.
Who to call at WeaveGrid, and when
A new round usually means WeaveGrid is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day WeaveGrid raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at WeaveGrid, from your own LinkedIn network
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Funding Insights
What this usually meansWeaveGrid raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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