ChargePoint, one of the world’s oldest and largest electric vehicle charging networks, has closed on a $127 million funding round, much of it from existing investors, the company said on Wednesday.
The latest equity financing round gives ChargePoint a total of $660 million raised since its founding in 2007, and most of that has come in the past four years. Before this raise, the company was valued at $1.25 billion by investor website PitchBook.