Jul 30, 07:01 AM

Simple Energy Raises $20M for Simple One and Simple Dot One; ElectricPe Secures $3M in Pre-Series A Funding

Simple Energy, an electric vehicle and clean energy startup, has successfully raised $20 million in its Series A funding round. The investment was led by high-net-worth individuals (HNIs) and included participation from family offices and the promoter group of Apar Industries. The funds will be allocated towards scaling production of Simple Energy's two main products, Simple One and Simple Dot One. Additionally, ElectricPe, an EV charging aggregator, secured $3 million in pre-Series A funding led by Green Frontier Capital, with contributions from existing investors including Blume Ventures, Micelio Mobility, and NB Ventures. The financing will support ElectricPe's expansion efforts and technological advancements. In a separate development, Type One Energy Group has finalized an $82.4 million seed financing round.

#Simple Energy #Apar Industries #Simple One #Simple Dot One #ElectricPe #Green Frontier Capital #Blume Ventures #Micelio Mobility #NB Ventures #Type One Energy Group

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Simple Energy Raises $20M for Simple One and Simple Dot One; ElectricPe Secures $3M in Pre-Series A Funding

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