DeCharge secures $2.5 million to expand EV charging network

Indian EV charging startup DeCharge has raised USD 2.5 million seed funding in a round led by Lemniscap, with participation from Colosseum, Daedalus Angels, EV3 Labs, Echo Fundraiser Chainyoda Jedis, and Levitate Labs. The round was also backed by several notable angels including Nom (Creator of Bonk), Shek (Superteam/Solana), Arnold Lee, Co-founder and CEO of Spherelabs; Vibhu Norby (Founder and CEO of DripHaus), Manan Patel, Founder of DeSights AI; and Mathieu Baudet, Founder of Linera, according to a media release.

DeCharge is expanding EV charging infrastructure with a network of DC fast chargers and DeCharge Beast chargers, designed to provide high-speed, accessible and intelligent charging solutions. DeCharge’s permissionless, community-driven deployment model also enables anyone to become a host, accelerating nationwide access to reliable charging, while giving hosts the chance to earn from charging, advertising, digital displays, and commercial leasing opportunities, the media release said..